Welcome to the PEI Grain Elevators Corporation

Our business is committed to improving the quality of advice, assistance, and information available to both our clients and customers. While navigating your way around our site, we are sure you will appreciate the availability of up to date information on markets, products and pricing. If you require a more detailed assessment, call the local elevator supervisor as referenced on this site or alternatively the general manager. Questions, comments or suggestions are encouraged.

PEI Grain Elevators Update

The Can $ is lower again today by half a cent. Sitting at $ 77.050 at this time. Since Feb 1st we have gained and benefited from a 4 cent drop in the Can $ . So much for the experts suggesting we were heading for par by summer, a very unforeseen turn of events for the dollar. This has been a excellent opportunity for producers to book. Fundamentally the supply & demand situation shows the market shouldn’t be reacting this way.  ( But hey ! the market is always right. )

The weather market is driving the spec money on the near by futures. The.May contracts of soybeans and winter wheat were a little higher early Monday with ongoing concerns of drought in Argentina and the southwestern U.S. Plains still active.
Locally barley & wheat user demand is steady but not brisk. Corn is slow moving and very low priced at this time and is holding other prices down. Some producers are holding on in hopes of better returns later this spring.
Atlantic Grain Council
Department of Agricultre