Canadian Special Crop Index Review
VANCOUVER - Aug 2/21 - STAT -- Canada's speciallty crop crop dealer price index finished the 2020-21 marketing year soaring 19% above the recent three year average.
For the season just ended, the Special Crop Index was 83 points, compared to an annual average of 70 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 94 points in July, while the lowest monthly average trading level was 69 points in August.
During the latest three year period, the highest monthly average trading level was 77 points in July, compared to the lowest monthly average of 62 points in August.
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)
2020-21 3-Year 5-Year 10-year Low Prod High Prod
Aug 83% 88% 98% 97% 96% 102%
Sep 87% 89% 96% 96% 94% 100%
Oct 91% 92% 97% 96% 94% 99%
Nov 95% 95% 99% 97% 97% 98%
Dec 95% 98% 100% 98% 100% 97%
Jan 97% 101% 103% 100% 103% 96%
Feb 103% 104% 104% 100% 104% 96%
Mar 105% 103% 100% 99% 101% 98%
Apr 107% 104% 100% 101% 103% 101%
May 113% 109% 102% 107% 106% 105%
Jun 111% 109% 102% 106% 104% 105%
Jul 114% 110% 102% 103% 100% 102%
Copyright © 2021 STAT Communications Ltd., Canada. All rights reserved.
Canada Special Crop Index Monthly Average Dealer Market
(points 2004=100)
2020-21 3-Year 5-Year 10-year Low Prod High Prod
Aug 69 62 72 81 80 85
Sep 72 62 71 80 79 83
Oct 76 64 71 80 79 82
Nov 79 66 72 81 81 81
Dec 79 68 73 82 83 80
Jan 80 71 75 83 86 80
Feb 85 73 76 84 87 80
Mar 87 72 73 83 84 82
Apr 88 73 73 85 86 84
May 93 76 75 89 88 87
Jun 92 76 75 88 87 87
Jul 94 77 75 86 83 84
Copyright © 2021 STAT Communications Ltd., Canada. All rights reserved.
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