Most Prairie farm product prices drop: StatCan
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The harvest in Saskatchewan advanced 13 points for the week ended Sept. 16, at 74 per cent complete, despite rain in some parts of the province. Photo: Thinkstock
Glacier FarmMedia | MarketsFarm – Average prices for the majority of crops grown in the Prairies were lower this July compared to the year before, while cattle prices continued to rise, according to Statistics Canada’s (StatCan) monthly farm product prices released on Sept. 10.
The average price for all wheat except durum was at C$305.21 per tonne in Manitoba in July, compared to C$394.91 one year earlier. In Saskatchewan, the average price was at C$301.41 versus C$392.96 in July 2023. In Alberta, the average price last July was C$312.54, lower than the C$405.51 one year earlier. Average durum wheat prices also went down from C$416.94 in July 2023 to C$353.83 last July in Saskatchewan, and from C$421.88 to C$348.45 in Alberta.
The average July canola prices in Manitoba dropped to C$623.51/tonne in Manitoba last July from C$764.45 in 2023. In Saskatchewan, the price was at C$646.97 compared to C$781.78 one year earlier, and in Alberta, canola fell to C$644.59 from C$772.94 in July 2023.
Barley prices on the Prairies also fell with the average July price in Manitoba dropping from C$367.32/tonne to C$273.17. In Saskatchewan, the average price pulled back from C$358.58 to C$248.14, and in Alberta, barley was priced at C$397.43 versus C$285.25.
However, the average July prices for oats across the Prairies were up slightly. In Manitoba, they rose from C$295.48/tonne to C$306.54, and in Saskatchewan, the average price went from C$259.29 to C$304.66. Those in Alberta went from C$277.31 to C$307.27.
Average July dry pea prices also went up from C$367.73/tonne to $424.08 in Manitoba, from C$398.78 to C$430.53 in Saskatchewan, and from C$415.09 to C$422.08 in Alberta.
The average July lentil price went down in Saskatchewan from C$824.10/tonne to C$809.86, while in Alberta, it went up from C$707.11 to C$769.88.
Average prices for cattle for slaughter increased from July to July. In Manitoba, they rose from C$203.58 per hundredweight to C$232.98. In Saskatchewan, the price went from C$194.12 to C$223.55. In Alberta, they went from C$227.58 to C$249.41. For feeder cattle, the average July price in Manitoba increased from C$284.85/cwt. to C$326.34, and in Saskatchewan, the price went up from C$288.67 to C$321.94. For Alberta, the price changed from C$239.60 to C$262.13.
