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

Still a lot of uncertainty about the size of the Argentina bean crop, with estimates mostly now in the 40-44 mmt range. Down about 10mmt. Harvest will be early in many areas after a warm and dry summer. Harvest activity will be picking up over the next few weeks, and yields are expected to be very variable. Brazil’s harvest is now past the 65% range. The Argentina losses will be offset by a big Brazil crop, higher US supplies.

Keep an eye on the USDA acreage and stocks report next week on Thursday. Bean acres are expected to be up. The Can is up half a cent overnight and is pushing the price lower. Nov futures are holding their own today , which is positive news.
Atlantic Grain Council
Department of Agricultre