11-36-105. Marketing orders; when issued; economic factors to be considered; termination.
(a) Upon the conclusion of the hearing provided for in W.S. 11-36-104(a), the board shall issue a marketing order if it makes any of the following findings:
(i) That the order will help to reestablish or maintain wholesale prices received by producers, processors or handlers for any dairy product at levels which are comparable to the general economic conditions within the marketing area. The board may adopt the methods and procedures presently prescribed by the United States department of agriculture in making similar determinations;
(ii) That the order will help approach and maintain such comparable general economic conditions at as rapid a rate as is feasible in view of the demand for any dairy product;
(iii) That the order will help to prevent economic waste of agricultural resources because of improper preparation of any dairy product for market, because of lack of uniform grading and inspection or because of excessive shipments to markets;
(iv) That the order will help to insure a beneficial future for any dairy product;
(v) That the order will help to protect the interests of consumers of any dairy product in assuring an adequate supply.
(b) In making the finding set forth in this section, the board shall take into consideration all facts available to it with respect to the following economic factors, which are not intended to be exclusive of all other economic factors:
(i) The quantity of any dairy product available for distribution;
(ii) The quantity of any dairy product normally required for distribution;
(iii) The cost of producing, processing or handling any dairy products as determined by available statistics and surveys, including:
(A) The fixed and variable cost of producing, processing or handling, including the reasonable value of the time, skill and experience of the person producing, processing or handling any dairy product;
(B) A fair return upon the value of employed assets of the producer, processor or handler;
(C) Comparable compensation received by persons engaged in other means of earning a livelihood for themselves and their families, as well as any other appropriate factors.
(iv) The purchasing power of consumers;
(v) The level of prices of commodities, services and articles that dairy farmers buy; and
(vi) The level of prices of other commodities that compete with or are utilized as substitutes for dairy products.
(c) Upon conclusion of the hearing the board shall terminate a marketing order if it determines that the termination thereof will effectuate the purposes of this act.