Cows waiting in line for Doug!!!

 

 

Dairy Farmers of

Prince Edward Island

 

Serving the dairy needs of Producers and Islanders

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Quota Exchange

 

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Forms 

 

 

  Quota Sell Offer PDF Version
  Quota Purchase Offer PDF Version
  Credit Transfer Form (Producer to Producer) PDF Version
  Credit Transfer IN Form PDF Version
  Credit Transfer OUT Form  PDF Version
  Quota Transfer Request Application PDF Version
  DFPEI Promotion Event Application PDF Version
  CQM Records PDF Version

 

  

  

   

 

                       

 

 

 

 

DATES TO REMEMBER                  

Quota Exchange                            

Bids for the Quota Exchange close at the end of business day on the 1st day of the month prior to the exchange month (Example: On November 1st for the December Exchange)

Payment for Purchase is due by the 20th of the month prior to the Exchange month. (Example: On November 20th for the December Exchange)

Payment for Sale is issued on the 1st day of the Exchange month (Example: On December 1st for the December Exchange)

The Exchange will be run on the second business day following the close of bids.

Credit Transfer Exchange                         

Bids for the Credit Transfer Exchange close at the end of business day on the 10th day of the current exchange month (Example: On April 10th for the April Credit Transfer Exchange)

Payment from buyers is due to the office five business days following the release of the Credit Transfer Exchange. (Example: On April 14th for the April Credit Transfer Exchange).

Payment for selling is issued on the 20th day of the transfer month, or the next business day if the 20th falls on a weekend or holiday. (Example: On April 20th for April Credit Transfer)

The Exchange will be run on the second business day following the close of bids.

Credit Transfer (Producer-to-Producer)                 

Contracts for Credit Transfer must be complete and received at the Dairy Board Office by close of business on the 25th day of the month for which the credit's are being transferred (Example: by April 25th for April Credit Transfer)

Payment from buyers is due to the office two business days following the closing date. (Example: by April 27th for April Credit Transfer)

Payment for selling is issued on the last business day of the transfer month. (Example: On April 28th for April Credit Transfer)

 

NOTE: If the dates for closing bids fall on a weekend or holidays, bids will be accepted until close of the next business day

NOTE: If the dates to run the exchanges fall on a weekend or holiday the exchanges will be run on the previous business day

 

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Last Revised: 03/17/17

Photography by Bev Beaton                                                                                                                                                  Created by Web Site Advantage & RKB Computer Consulting