Canadian Special Crop Index Review
VANCOUVER - Aug 3/20 - STAT -- Canada's speciallty crop crop dealer price index finished the 2019-20 marketing year inching above the recent three year average.
For the season just ended, the Special Crop Index was 66 points, compared to an annual average of 66 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 76 points in June, while the lowest monthly average trading level was 58 points in September.
During the latest three year period, the highest monthly average trading level was 67 points in February, compared to the lowest monthly average of 64 points in November.
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)
2019-20 3-Year 5-Year 10-year Low Prod High Prod
Aug 89% 102% 98% 100% 96% 102%
Sep 88% 100% 95% 98% 95% 100%
Oct 90% 99% 95% 97% 95% 99%
Nov 93% 97% 98% 98% 99% 98%
Dec 97% 97% 101% 98% 101% 97%
Jan 102% 102% 105% 99% 105% 96%
Feb 101% 103% 105% 99% 105% 96%
Mar 98% 99% 100% 99% 100% 98%
Apr 104% 98% 101% 101% 101% 101%
May 111% 101% 103% 105% 102% 105%
Jun 114% 102% 102% 104% 102% 104%
Jul 113% 100% 97% 101% 99% 102%
Copyright © 2020 STAT Communications Ltd., Canada. All rights reserved.
Canada Special Crop Index Monthly Average Dealer Market
(points 2004=100)
2019-20 3-Year 5-Year 10-year Low Prod High Prod
Aug 59 67 78 85 83 77
Sep 58 66 75 83 82 76
Oct 59 65 75 82 82 75
Nov 62 64 77 83 85 74
Dec 64 64 80 83 88 73
Jan 68 67 83 84 91 73
Feb 67 67 83 84 91 73
Mar 65 65 79 83 87 74
Apr 69 65 80 85 87 76
May 74 66 82 89 89 79
Jun 76 67 80 88 88 79
Jul 75 66 77 86 85 77
Copyright © 2020 STAT Communications Ltd., Canada. All rights reserved.
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