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                            "text": "C. A discussion on the Federal Class I Differential increas…"
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                    "text": "AGENDA ITEM",
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                    "text": "TIME STAMP",
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                    "text": "II. NEW BUSINESS\nA. Approval of Fiscal Year 2024 annual report",
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                    "text": "II.\nII.A",
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                    "text": "0:05:29 – 0:20:38\n0:05:29 – 0:09:00",
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                    "text": "Comments: Mr. Bryant, Mr. Simonson, and Mr. Mitchell commented on the usefulness of the report. Mr. Simonson also comment that the report will be on the Milk Control website.",
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                    "text": "Motion: Mr. Mitchell made a motion to approve the report as is. Ms. Ketchum seconded the motion. The motion carried, with all members voting in favor",
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                    "text": "B. Proposal of FY2026 Assessment Rate Option",
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                    "text": "II.B",
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                    "text": "Presentation of three Assessment Rate Proposed Options Michele Satre ( Milk Control Program)",
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                    "text": "1. Board Discussion –Mr. Bryan, Mr. Mitchell, Ms. Ketchum\\n2. Industry Input – Mr. Lewis, Mr. Adamson, Ms. DeLappe\\n3. Public and DOL – Mr. Simonson",
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                    "text": "Comments: Mr. Mitchell commented that the Board is required to review the assessment rate annually to make necessary adjustments. Mr. Mitchell along with Ms. Ketchum, Chair Bryan, and Mr. Lewis commented they would like to see a decrease in the assessment rate for FY2026. Mr. Adamson inquired about the possibility of a different rate for the producers than the distributors.",
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                    "text": "Motion: Mr. Mitchell made a motion to approve Option 2 (6.98%) reduction for FY2026, and Ms. Ketchum seconded the motion. The motion carried, with all members voting in favor.",
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                    "text": "C. A discussion on the Federal Class I Differential increase – if Montana Class I Differential should also be increased.",
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                    "text": "Comments: Mr. Lewis presented to the Board the intent of the Federal Government to increase the Federal Milk Market Order (FMMO) Class I differential across all states. He discussed the need for the Montana Class I Differential to increase as well to stay competitive with out of state milk coming into the state. Mr. Mitchell commented that he would like to have producers input and an explanation from the industry for the need of the Montana increase.",
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                    "text": "Action: Chair Bryan requested Mr. Lewis to bring an industry proposal before the Board meeting around February 2025 to discuss and possibly move on a decision to increase the Montana Class I Price differential.",
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