EFC’s budget for 2018 is projecting a phased-in levy decrease of 6 cents per dozen over the course of the year. The need for the levy decrease is due to high Urner Barry prices, which have a positive impact on the Pooled Income Fund. The current PIF levy will remain at $.3040/dozen until week 9, when it will be reduced by $.02/dozen. Two additional $.02/dozen reductions will take place in week 17 and again in week 33.
The EFA Board reviewed the 2018 Operational Plan, budget and levy requirements at the December meeting. They set the total provincial levy at $.3813/dozen, to be effective December 31, 2017 (week 1/18), which equates to $9.70/bird.