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Dairy Farmers of Prince Edward Island
Serving the dairy needs of Producers and Islanders |
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Forms
DATES TO REMEMBER Quota ExchangeBids for the Quota Exchange close at the end of business day on the 15th day of the month prior to the exchange month (Example: On July 15th for the August Exchange) Payment for Purchase is due by the 25th of the month prior to the Exchange month. (Example: On July 25th for the August Exchange) Payment for Sale is issued on the 10th day of the Exchange month (Example: On August 10th for the August Exchange) The Exchange will be run on the second business day following the close of bids Quota Lease ExchangeBids for the Quota Lease Exchange close at the end of business day on the 22nd day of the month prior to the exchange month (Example: On July 22nd for the August Exchange) Payment for leasing in quota is due by the 25th day of the month prior to the Exchange month. (Example: On July 25th for the August Exchange). Payment for leasing out quota is issued on the 10th day of the Exchange month (Example: On August 10th for the August Exchange) The Exchange will be run on the 27th day of the month Producer-to-Producer Contract Quota LeaseContracts for Producer-to-Producer Leasing must be complete and received at the Dairy Board Office by close of business on the 20th day of the month for which the quota is being leased (Example: by July 20th for July Leasing ) Payment for leasing in quota is due by the 20th day of the month for which the quota is being leased (Example: by July 20th for July Leasing ) Payment for leasing out quota is issued on the 25th day of the contract month (Example: On July 25th for July contracts)
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: 06/14/11Photography by Bev Beaton Created by Web Site Advantage & RKB Computer Consulting |
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