MINNESOTA-WISCONSIN PRICE SERIES REFORM.

SEC. 103. MINNESOTA-WISCONSIN PRICE SERIES REFORM. (a) In General.— Within 60 days of the date of enactment of this Act, the Secretary of Agriculture shall commence to accept alternative pricing formula recommendations, as they may relate to the Minnesota-Wisconsin price series used to determine the minimum prices paid under milk marketing orders, in order to amend such milk marketing orders authorized under section 8c of the Agricultural Adjustment Act (7 U.S.C. 608c), reenacted with amendments by the Agricultural Marketing Agreement Act of 1937. Among the alternative pricing formulas to be considered by the Secretary shall be a price series based on prices paid by milk processors for Grade A milk and manufacturing grade milk that is used in the manufacture of dairy products. (b) Availability of Data.— The Secretary shall compile and make available to the public the historical and current data used to compare the alternative pricing formulas submitted and recommended as provided in subsection (a) with the existing Minnesota-Wisconsin price series. (c) Implementation in Federal Marketing Orders.— (1) Announcement of hearing.— Not later than October 1, 1991, the Secretary shall— (A) announce a national hearing to consider the proposed replacement of the Minnesota-Wisconsin price series in Federal milk marketing orders; and (B) invite industry and consumer proposals on the specific provisions to be considered for each order. (2) Report to congress.— On issuance of the final decision on the hearing proposals, the Secretary shall report the decision to the Committee on Agriculture of the House of Representatives and the Committee on Agriculture, Nutrition, and Forestry of the Senate. (3) Opportunity for public comment.— The opportunity for public comment on the recommended decision shall not be less than 30 legislative days. For purposes of this paragraph, the term “legislative day” means a day on which either House of Congress is in session.