Appeal to amend the Cost of Production formula for broiler hatching eggs dismissed.
The Association of Ontario Chicken Processors appealed a reconsideration decision of the Ontario Broiler Hatching Egg & Chick Commission regarding a new Cost of Production formula.
The appellant sought six amendments to the formula, including changes to the prime rate calculation, exclusion of depreciation from working capital, adjustments to farm labour benefit and wage rates, use of a real rate of return, and addition of a risk premium.
After hearing extensive expert testimony from all parties, the Tribunal found the expert evidence presented by the respondent and third party to be more reliable and acceptable on all six issues.
The appeal was dismissed.
Association of Ontario Chicken Processors v Ontario Broiler Hatching Egg & Chick Commission and Chicken Farmers of Ontario, 2022 ONAFRAAT 20