Quota Exchange

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BCEMB Now Accepting Offers for Sale:

Quota has been offered to the British Columbia Provincial Quota Exchange in the amount of:

  • 5,107 laying hens (Interior Quota Units)

The BCEMB is now accepting offers to buy for the March Quota Exchange until 4:00 pm March 6, 2018.  The BCEMB Consolidated Orders pertaining to the exchange can be found in Part VI. The timeline for this exchange will be as follows:

January 3 – February 6, 2018 - Accept offers for sale 
February 7, 2018 - Notice of total quota offered for sale posted on the Quota Exchange page
February 7 – March 6, 2018 - Accept offers to buy 
March 6, 2018 - All offers to buy, including the 10% deposit, must be received by the Board office no later than 4:00 pm
March 7, 2018 - Run the exchange, post results on the website 
April 4, 2018 - Quota transfers to occur

The market clearing price for the quota exchange on March 7, 2018 will be $360.00 for each unit of Layer Quota. The offer to buy fill rate on the December 2017 Quota Exchange was 12% with all potential offers to buy considered. The conditions required for an increase to the market clearing price specified in Part VI of the BCEMB consolidated orders were not met on this exchange as the 3,800 quota available for purchase was less than 1.5% of BCEMB’s total allocated quota (45,136). As a result the price per unit on the March 7, 2018 exchange will remain $360.00.

The quota units are distributed as per the procedures found in Part VI of the Consolidated Orders. Per Part VI rule 1. (8) Quota must first be offered to Prospective Transferors within the Transferees region. 

The BCEMB is to run the pilot exchange on a quarterly basis, with the exchanges occurring on March, June, September, and December, 2018. Offer to sell will be accepted up until 28 days before the date on which the requested Provincial Quota Exchange is to be held.

If you have any question or comments regarding the pilot quota exchange or the review process, please contact Joey Aebig, Manager of Operations & Logistics.

Offer for Sale

Offer for Purchase

 

Past Exchanges

NOTIFICATION OF SUCCESSFUL EXCHANGE - DECEMBER 6, 2017 

MNP observed the quota exchange process on December 6, 2017 and issued a letter stating that all provincial quote exchange rules were followed.

NOTIFICATION OF SUCCESSFUL EXCHANGE - September 6, 2017

PWC observed the quota exchange process on September 6, 2017 and issued a letter stating that all provincial quote exchange rules were followed.

NOTIFICATION OF SUCCESSFUL EXCHANGE - March 1, 2017

MNP observed the quota exchange process on March 1, 2017 and issued a letter stating that all provincial quote exchange rules were followed.

NOTIFICATION OF SUCCESSFUL EXCHANGE - DECEMBER 7, 2016 

MNP observed the quota exchange process on December 7, 2016 and issued a letter stating that all provincial quote exchange rules were followed.

NOTIFICATION OF SUCCESSFUL EXCHANGE - March 2, 2016  

Information on Exchange Process:

Quota Exchange Review Process

February 2016 - Quota Management Tools Review

Quota Management Tools Review Decision Sheet

Quota Management Tools Survey Summary January 2016