§ 11-35-105 — Marketing orders; when issued; contents; economic factors to be considered

Wyoming § 11-35-105

• Jurisdiction: Wyoming
• Title 11: Agriculture, Livestock and Other Animals
• Ch. 35: AGRICULTURAL MARKETING

Text

(a) After notice and hearing, the board shall issue a
marketing order if it finds and states in the marketing order
that the order will tend to:
(i) Reestablish or maintain prices received by
producers for the agricultural commodity at a level which will
give to the commodity power, with respect to the articles and
services which farmers commonly buy, equivalent to the
purchasing power of such commodity, provided that in
establishing prices the board shall as nearly as possible apply
the methods and procedures presently prescribed by the United
States department of agriculture in making similar
determinations;
(ii) Approach such equality of purchasing power at as
rapid a rate as is feasible in view of the demand for the
commodity;
(iii) Prevent the unreasonable or unnecessary waste
of agricultural wealth because of improper preparation of the
agricultural commodity for market, lack of uniform grading and
inspection, or excessive shipments to markets;
(iv) Protect the interest of consumers of the
commodity.
(b) In making the findings set forth in this section, the
board shall take into consideration all facts available with
respect to the following economic factors:
(i) The quantity of the agricultural commodity
available for distribution;
(ii) The quantity of the agricultural commodity
normally required for distribution;
(iii) The cost of producing the agricultural
commodity as determined by available statistics and surveys;
(iv) The purchasing power of consumers;
(v) The level of prices of commodities, services and
articles which farmers buy;
(vi) The level of prices of other commodities which
compete with or are utilized as substitutes for the agricultural
commodity.