Milk Pricing. The specific details of milk pricing are announced at the beginning of each financial year. a) Component Payment System Payments to shareholders are made in terms of $ per kilogram of fat and $ per kilogram of protein and expressed in total as $ per kilogram of milk solids (MS). ADFC quotes milk prices at a reference solids value of 4.0% butterfat and 3.2% protein.
Appears in 2 contracts
Sources: Exclusive Milk Supply Contract, Non Exclusive Milk Supply Contract