(1) After such notice and hearing the commissioner may issue a marketing order if he finds and sets forth in such marketing order that such order will tend to:
Reestablish or maintain prices received by producers for such agricultural commodity at a level which will give to such commodity a purchasing power, with respect to the articles and services which farmers commonly buy, equivalent to the purchasing power of such commodity in the base period. The base period shall be such period in which the commissioner finds that the volume of production of such commodity was adequate to supply the requirements of consumers thereof and the net returns to producers thereof were sufficient to provide an adequate standard of living to the farm operator and his family.
Approach such equality of purchasing power at as rapid a rate as is feasible in viewof the market demand for such commodity;
Prevent the unreasonable or unnecessary waste of agricultural wealth because of improper preparation of such agricultural commodity for market, lack of uniform grading and inspection, or excessive shipments to markets;
Protect the interests of consumers of such commodity, by exercising the powers ofthis article only to such extent as is necessary to effectuate the declared purposes of this article; (e) Eliminate unfair competition.
In making the findings set forth in subsection (1) of this section, the commissionershall take into consideration all facts available to him with respect to the following economic factors:
The quantity of such agricultural commodity available for distribution;
The quantity of such agricultural commodity normally required by consumers;
The cost of producing, processing, distributing, and marketing such agricultural commodity as determined by available statistics and surveys;
The purchasing power of consumers as indicated by reports and indices;
The level of prices of commodities, services, and articles which the farmers commonly buy;
The level of prices of other commodities which compete with or are utilized as substitutes for such agricultural commodity.
Source: L. 39: p. 197, § 6. CSA: C. 106, § 51. CRS 53: § 7-3-6. L. 55: p. 148, § 6. C.R.S. 1963: § 7-3-6. L. 69: pp. 113, 114, §§ 5, 6.