~iOTcastw Farming, Saturday, October 20,1079
20
Farmers to receive $12.51 for September milk
NEW YORK, N.Y. -
Dairy fanners supplying
milk plants regulated under
the New York - New Jersey
marketing orders during
September will be paid on
the basis of a uniform price
of $12.51 per hundred pounds
or 26.9 cents per quart.
Market Administrator
Thomas A. Wilson, who
announced September’s
price, also said the uniform
farm price was $12.23 per
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hundredweight in August
1979 and $11.12 per hun
dredweight in September
1978. The uniform price is a
marketwide weighted
average of the value of farm
milk used for fluid and
manufactured dairy
products.
The seasonal incentive
fund (Louisville Plan)
returned a total of
$3,587,590.84 or $.445 per
hundredweight to the dairy
farmer’s uniform pnce for
September. This fund was
generated by reducing the
uniform price paid
producers during the high
production spring months.
The total amount of milk
received from the 17,581
dairy farmers supplying the
New York - New Jersey
Marketing Area was
805,696,385 pounds during
September 1979. This was
almost 30.3 million pounds
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above last year. The gross
value to dairy fanners for
milk deliveries was
$101,781,521.07.
Wilson explained this
included differentials
required to be paid to dairy
farmers but not voluntary
premiums or deductions
authorized by the farmer.
Regulated milk dealers or
handlers utilized 381,460,313
pounds or 47.3 percent of the
total amount of milk for
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Class I. The Class I milk is
used for fluid products such
as homogenized, flavored,
low-test and skim milks. For
September 1979, handlers
paid $13.12 per hun
dredweight, or 28.2 cents per
quart, for the milk used in
Class I products compared
with $11.58 a year ago.
The balance of the milk,
52.7 percent, was used to
manufacture Class II
products including butter,
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cheese, ice cream ai
yogurt. For this milk t
handlers paid $11.38 p
hundredweight.
The uniform price is basi
on milk containing 3
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September 1979, a tL
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