Or. Admin. Code § 603-043-0030

Current through Register Vol. 63, No. 10, October 1, 2024

Section 603-043-0030 - Industry Average Unit Price

(1) Within the first 14 days of each reporting year, those commissions assessing pursuant to ORS 576.325(3)(a) must determine by commission vote an industry average unit price for the limit period. The commission must provide notice of the meeting in the same manner as for a proposed budget under ORS 576.425(3). The notice must include the proposed industry average unit price.

(2) Each commission must specifically define the terms to calculate the industry average unit price for the commodity. These terms will be consistent for establishing the assessment rate. Terms to be considered are:

(a) Payment Terms. Standard payment terms for cash or cash equivalents, and whether deductions for the cost of money are to be considered for extended terms.

(b) Delivery Terms. Standard form of delivery, whether FOB producer's property, receiving station, grain elevator, buyer's plant, or other.

(c) Commodity Unit. Standard for determining the common unit of measure for the commodity whether by volume, weight, units, dozens, gross, or other.

(d) Commodity Characteristics. Standards for determining the classification or number of classifications of commodity units, whether by grade, variety, size, maturity or other, for which standard purchase and sale transactions will be recognized.

(e) Standard Deductions. Define the standard deductions, if any, from amounts paid to producers that will apply to all commodity transactions.

Or. Admin. Code § 603-043-0030

DOA 20-2002, f. & cert. ef. 7-26-02

Stat. Auth.: ORS 576.044 & ORS 576.370

Stats. Implemented: ORS 576.320