Effective August 1, 2022 the producer flexibility sleeve will reduce from +10 to -30 days to +10 to -15 days. At this time all credits beyond -15 days will be lost. Producers who are in a credit position between -15 and -30 days will continue to recieve a letter with their statement informing them of their credit position.
As a result of the producer flexibility sleeve modifications the following adjustments will be made to the credit exchange parameters effective August 1, 2022.
Buyers: Producers who are in a positive (+) credit position ( 0 to +10 days)
Sellers: Producer who are in a negative (-) credit positions (-15 to 0 days)
Monthy limit: Lesser of 8 days or the number of days to buy or sell to 0, producer will not be able to sell or buy themselves beyond 0 days.
If you have any questions please do not hesitate to contact Ashley Baskin, Policy Analyst 506-432-4330 ext 105