Proposed Amendments to R.R.O. 1990 Regulation 402 (Chickens - Marketing) under the Farm Products Marketing Act to amend the schedule that determines the method for pricing live chickens
Regulation - Other
Bill or Act:
Farm Products Marketing Act
Summary of Decision:
The amendment to Regulation 402 (Chickens - Marketing) was approved by the Commission on August 28, 2013. The Regulation was filed with the Registrar of Regulations and came in force on August 29, 2013.
July 10, 2013
Summary of Proposal:
Section 18 (5.1) of regulation 402 establishes that all negotiations of the minimum live price for chicken shall be conducted in accordance with the formula in the Schedule. Section 4 of the schedule states: "For every $5/tonne change in the feed price, the minimum live price will be adjusted by one cent in the corresponding direction." Improved genetics and nutrition programs resulted in efficiency gains in the feed conversion rate. The amendment to Regulation 402 recognizes the improved feed conversion rates from 2 kilograms of feed for each kilogram of live weight gain to 1.72 kilograms of feed for each kilogram of live weight gain. The proposed amendment would read, "For every $5.81/tonne change in the feed price, the minimum live price will be adjusted by one cent in the corresponding direction."
Ontario Farm Products Marketing Commission
1 Stone Rd. W., Guelph, ON, N1G 4Y2
Phone: 519 826-3399
Fax: 519 826-3400
August 29, 2013