ANNEX ICEREALS
PART XPractical method for determining the reduction to be applied to the price of sorghum by intervention agencies
1.Basic data
- P
the percentage of tannin in raw product,
- 0,4 %
the percentage of tannin above to which the reduction is to be applied, 11 %28 = the reduction corresponding to 1 % tannin in the dry matter.
2.Calculation of the reduction
The reduction, expressed in euro to be applied to the reference price, shall be calculated in accordance with the following formula:
11 (P - 0,4)