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Guaranteed Minimum Return. What is it?. Guaranteed Minimum Return GMR. GMR is the minimum amount of finished end product that is to be returned to the State or recipient agency based on the amount of commodity received by processor. Guaranteed Minimum Return GMR.
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Guaranteed Minimum Return What is it?
Guaranteed Minimum Return GMR • GMR is the minimum amount of finished end product that is to be returned to the State or recipient agency based on the amount of commodity received by processor
Guaranteed Minimum ReturnGMR • GMR is the minimum amount of finished end product that is to be returned to the State agency or recipient agency based on the amount of commodity supplied to the processor • GMR shown as a percentage on the EPDS and SEPDS
Guaranteed Minimum Return GMR • GMR is the minimum amount of finished end product that is to be returned to the State agency or recipient agency based on the amount of commodity supplied to the processor • GMR shown as a percentage on EPDS and SEPDS • GMR should be realistic and accurate
GMR • 75% GMR = ¾ pound finished end product
GMR • 75% GMR = ¾ pound finished end product • GMR>100% = additional ingredients added
GMR • 75% GMR = ¾ pound finished end product • GMR>100% = additional ingredients added • Under yield – processor fails to produce enough end product to meet GMR
GMR • 75% GMR = ¾ pound finished end product • GMR>100% = additional ingredients added • Under yield – processor fails to produce enough end product to meet GMR • Over yield – processor produces more end product than anticipated