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.
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