Thursday, December 4, 2014

Egg quota exchange remains small

Figures from the most recent quota exchange run by Egg Farmers of Ontario indicate that the volume of purchases and sales remains low.

Before farmers could make private deals. Now quota must be bought and sold through the board-run exchange.

The results released this week indicate the following:

Egg Quota



Number of Buyers:
20



Number of Sellers:
4



Total Number of Units of Quota Requested to Buy:
43,094



Total Number of Units of Quota for Sale:
27,332



Equilibrium Price:
$296.00



Number of units of Quota transferred
 as a result of the QTS:
13,500



Number of Successful Buyers:
6








Pullet Quota


Number of Buyers:
8



Number of Sellers:
3



Total Number of Units of Quota Requested to Buy:
67,641



Total Number of Units of Quota for Sale:
65,391



Equilibrium Price:
$23.80



Number of units of Quota transferred
 as a result of the QTS:
48,038



Number of Successful Buyers:
6







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