Farm product prices, July 2021

Released: 2021-09-08

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

After five consecutive months of growth, hog prices declined, ranging from 1.1% in Manitoba to 3.2% in Ontario in July, as both slaughter numbers and hog exports to the US declined compared with June. Despite this reduction, hog prices remained strong compared with the same month last year.

Slaughter cattle and feeder cattle price movements varied from June to July 2021 across provinces. In the Prairies, these price movements were mainly affected by the drought conditions, which were a major concern as pasture conditions deteriorated and feed for livestock became scarce.

From June to July, wheat prices varied by province but stayed solid, and canola prices continued to move upward as concerns over production for the new crop year grew with dry weather conditions. Tightening supplies and strong demand also supported these prices.

Sustained by continuous export demand, lentil prices increased, ranging from 0.6% in Alberta to 2.4% in Saskatchewan in July compared with June. Dry pea price movements were varied across provinces. However, both lentil and dry pea prices were well above those of July 2020.

Contact information

For more information, or to enquire about the concepts, methods or data quality of this release, contact us (514-283-8300; toll-free 1-800-263-1136; STATCAN.infostats-infostats.STATCAN@canada.ca) or Media Relations (613-951-4636; STATCAN.mediahotline-ligneinfomedias.STATCAN@canada.ca).