Producers will notice a drop in their blend price for June as compared to the previous months. A portion of this decrease is related to a decline in processing demand for class 1 products and the bulk of this decrease can be attributed to the skimming and bi-product disposal activities that took place in the P5 during the month of June.

This is a result of reduced processing capacity, due to planed plant maintenance as well as unplanned plant break downs.

Disposal and skimming activities have continued to date into the first part of July and producers can expect that this will continue to affect their blend price into July. We will update producers further at the July 29th producer meeting.