Canadian Special Crop Index Review
VANCOUVER - Aug 1/24 - STAT -- Canada's speciallty crop crop dealer price index finished the 2023-24 marketing year slipping 4% below the recent three year average.
For the season just ended, the Special Crop Index was 108 points, compared to an annual average of 112 during the previous three year period for pulse and special crops included in the index calculation.
Analysis of the monthly price pattern reveals the highest monthly average was 113 points in May, while the lowest monthly average trading level was 101 points in August.
During the latest three year period, the highest monthly average trading level was 116 points in January, compared to the lowest monthly average of 103 points in July.
In the following tables, STAT Market Research shows the historic price patterns seen in Canadian inter-dealer markets. These are most obvious in the first table, which examines monthly averages as a percentage of the annual average return.
The data reveals the monthly average bid during the past marketing year, as well as for the previous three, five, and ten years. We also look at years where production was well below or well above the needs of the market.
Canada Special Crop Index Monthly Price Performance
(monthly average as a percentage of annual average)
2023-24 3-Year 5-Year 10-year Low Prod High Prod
Aug 94% 93% 91% 94% 98% 99%
Sep 99% 101% 97% 97% 102% 97%
Oct 97% 102% 98% 97% 101% 97%
Nov 96% 103% 100% 99% 102% 97%
Dec 101% 103% 101% 101% 103% 97%
Jan 102% 104% 102% 103% 104% 96%
Feb 103% 99% 100% 102% 101% 98%
Mar 103% 100% 100% 101% 98% 100%
Apr 103% 102% 103% 102% 99% 102%
May 105% 102% 105% 104% 100% 106%
Jun 102% 100% 104% 102% 99% 106%
Jul 95% 92% 99% 98% 93% 104%
Copyright © 2024 STAT Communications Ltd., Canada. All rights reserved.
Canada Special Crop Index Monthly Average Dealer Market
(points 2004=100)
2023-24 3-Year 5-Year 10-year Low Prod High Prod
Aug 101 104 88 86 89 82
Sep 107 113 94 89 93 81
Oct 104 114 95 89 93 81
Nov 104 115 97 90 94 81
Dec 109 116 98 92 94 80
Jan 110 116 99 94 96 80
Feb 110 111 97 93 93 81
Mar 111 112 97 92 90 83
Apr 111 114 100 93 91 85
May 113 114 102 95 92 88
Jun 110 112 101 93 91 88
Jul 102 103 96 89 86 86
Copyright © 2024 STAT Communications Ltd., Canada. All rights reserved.
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