Canadian Special Crop Index Review



VANCOUVER - Aug 1/19 - STAT -- Canada's speciallty crop crop dealer price index finished the 2018-19 marketing year falling 18% below the recent three year average.

For the season just ended, the Special Crop Index was 129 points, compared to an annual average of 158 during the previous three year period for dry edible bean classes included in the index calculation.

Analysis of the monthly price pattern reveals the highest monthly average was 140 points in February, while the lowest monthly average trading level was 122 points in August.

During the latest three year period, the highest monthly average trading level was 167 points in February, compared to the lowest monthly average of 147 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)
         2018-19    3-Year    5-Year   10-year  Low Prod   High Prod
Aug        95%      105%       98%       99%      102%        101%
Sep        95%      101%       97%       98%       98%        100%
Oct        97%      101%       97%       99%       97%        100%
Nov        98%      101%       98%       99%       97%        100%
Dec       103%      103%      100%       99%       98%         98%
Jan       106%      106%      103%      100%      101%         98%
Feb       108%      106%      104%      101%      102%         98%
Mar       105%       99%      101%      100%       99%         99%
Apr        99%       96%      101%      100%       99%        100%
May        97%       95%      102%      103%      102%        103%
Jun        99%       94%      100%      102%      103%        102%
Jul        99%       93%       98%      100%      101%         99%
Copyright © 2019 STAT Communications Ltd., Canada. All rights reserved.
        Canada Special Crop Index Monthly Average Dealer Market
                           (points 2004=100)
          2018-19    3-Year    5-Year   10-year  Low Prod   High Prod
Aug       122       166       171       180       189         162
Sep       123       159       168       177       181         160
Oct       125       159       168       178       179         160
Nov       126       159       170       180       180         159
Dec       133       163       174       179       181         157
Jan       137       167       179       181       186         156
Feb       140       167       181       182       189         156
Mar       135       157       176       181       183         158
Apr       128       152       175       181       184         160
May       126       150       177       186       188         164
Jun       127       148       174       185       190         163
Jul       128       147       169       181       186         158
Copyright © 2019 STAT Communications Ltd., Canada. All rights reserved.