Prices received by farmers in February for grains, oilseeds, and specialty crops, cattle, hogs, poultry, eggs, and dairy products are now available at the provincial level.
In February, both canola and soybean prices recorded month-over-month increases. Compared with February 2021, canola prices grew more than 50.0%, and soybean prices rose by over 7.0% across production provinces, supported by tight supplies and strong demand.
Meanwhile, the upward trend for dry pea prices slowed in February 2022, with increases ranging from 2.1% in Saskatchewan to 7.3% in Manitoba when compared with January. However, the recorded dry pea prices in February were at least 82.0% higher than the prices registered in February 2021.
Slaughter hog prices increased in February across all provinces, led by New Brunswick with a 20.4% increase. This continued the price recovery that began in January 2022 after four consecutive months of declines, which was partially the result of strong domestic demand.
In February, slaughter cattle prices rose in all provinces, with Quebec showing the largest month-over-month increase partially due to a 23.6% reduction in the supply of slaughter cows. On the other hand, feeder cattle prices varied across provinces, ranging from a decrease of 3.5% in Alberta to an increase of 6.7% in Nova Scotia. Both feeder and slaughter cattle registered higher prices compared with February 2021, which was mainly the result of increased demand and higher production costs.
Note to readers
The prices of over 35 commodities are available by province, with some data series going back 40 years. Price data are extracted from administrative files and derived from Statistics Canada surveys.
For the latest information on the Census of Agriculture, visit the Census of Agriculture portal.
For more information on agriculture and food, visit the Agriculture and food statistics portal.
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).