§157-32  Standards to determine minimumprices.  (a)  As a guide to determining the minimum prices of milk to bepaid to producers and producer-distributors, the board shall take intoconsideration the following items based on the operations of a reasonablyefficient producer:

(1)  The price to producers necessary to assure theproduction of an adequate supply of wholesome milk for the market.

(2)  The price necessary to return to the producer,the producer's cost of production, plus a fair return on the producer'sinvested capital, the producer's family labor and the producer's managementskills.

(3)  The costs incurred in obtaining, feeding,managing and maintaining dairy animals at optimum production capacity.

(4)  The prevailing wages and perquisites ofemployees.

(5)  The ordinary fixed charges and operating expensesincident to the ownership, operation and management of the dairy.

(b)  In establishing minimum prices for milkunder this chapter, the board, shall further consider the effect thereof on theconsumer. [L 1967, c 260, §21; HRS §157-32; ree and am L 1972, c 40, pt of §2;gen ch 1985]