Farm product prices, December 2021

Released: 2022-02-07

Prices received by farmers in December for grains, oilseeds, specialty crops, cattle, hogs, poultry, eggs, and dairy products are now available at the provincial level.

After several months of drought conditions in certain parts of the country resulted in lower yields for most principal crops, the prices of several commodities continue to be affected by tightening supply and rising demand.

The price of canola, for instance, rose for a third consecutive month in December 2021 and was almost 50% higher across production provinces when compared with December 2020.

Dry pea price movements were mixed across provinces in December 2021. On the other hand, lentil prices declined, down 10.2% in Saskatchewan and 9.0% in Alberta, following three consecutive monthly increases. However, on a year-over-year basis, these specific specialty crop prices registered an increase of more than 35.0%.

Slaughter hog prices continued to decline across Canada in December 2021, in part as a result of weakening export demand. This was the sixth consecutive month-over-month price decrease for this commodity. However, all its provincial prices stayed relatively higher compared with December 2020, with Quebec registering the largest increase (+13.2%).

In December 2021, all provinces reported higher prices for slaughter cattle. On a year-over-year basis, these prices ranged from 14.4% in Manitoba to 24.5% in Ontario. Prices for feeder cattle varied across the provinces during the month of December, with Ontario posting the highest increase (+4.2%) and New Brunswick registering the largest decrease (-3.8%).

Contact information

For more information, or to enquire about the concepts, methods or data quality of this release, contact us (toll-free 1-800-263-1136; 514-283-8300; infostats@statcan.gc.ca) or Media Relations (statcan.mediahotline-ligneinfomedias.statcan@statcan.gc.ca).