Common use of Milk fat Clause in Contracts

Milk fat. A component price for a supplier’s average monthly milk fat percentage will be paid based on a standard litre of 3.95%. The milk price will be increased by 0.500 cents per litre for each 0.10% increase in milk fat above 3.95%. Milk with less than 2.70% fat will be paid the Second Grade Price as second grade milk.

Milk fat. A component price for a supplier’s average monthly milk fat percentage will be paid based on a standard litre of 3.95%. The milk price will be increased increase by 0.500 cents per litre for each 0.10% increase in milk fat above 3.95%. Milk with less than 2.70% fat will be paid the Second Grade Price as second grade milk.