Canadian Special Crop Index Review
VANCOUVER - Aug 2/22 - STAT -- Canada's speciallty crop crop dealer price index finished the 2021-22 marketing year rocketing 38% above the recent three year average.
For the season just ended, the Special Crop Index was 127 points, compared to an annual average of 92 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 139 points in November, while the lowest monthly average trading level was 109 points in July.
During the latest three year period, the highest monthly average trading level was 98 points in May, compared to the lowest monthly average of 80 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)
2021-22 3-Year 5-Year 10-year Low Prod High Prod
Aug 89% 87% 94% 95% 96% 99%
Sep 107% 96% 100% 97% 99% 97%
Oct 108% 99% 100% 97% 98% 97%
Nov 109% 101% 101% 99% 101% 97%
Dec 107% 101% 100% 100% 103% 97%
Jan 107% 103% 102% 101% 105% 96%
Feb 96% 99% 101% 101% 102% 98%
Mar 96% 99% 99% 99% 98% 100%
Apr 100% 103% 101% 102% 101% 102%
May 99% 106% 103% 105% 103% 106%
Jun 98% 106% 102% 104% 100% 106%
Jul 86% 101% 99% 100% 93% 104%
Copyright © 2022 STAT Communications Ltd., Canada. All rights reserved.
Canada Special Crop Index Monthly Average Dealer Market
(points 2004=100)
2021-22 3-Year 5-Year 10-year Low Prod High Prod
Aug 113 80 77 84 89 82
Sep 136 89 81 85 91 81
Oct 138 91 81 86 91 81
Nov 139 93 82 87 93 81
Dec 135 93 81 88 95 80
Jan 136 95 83 89 97 80
Feb 122 92 82 89 94 81
Mar 122 91 81 88 91 83
Apr 127 95 82 90 93 85
May 126 98 84 93 95 88
Jun 124 97 83 92 93 88
Jul 109 93 80 88 86 86
Copyright © 2022 STAT Communications Ltd., Canada. All rights reserved.
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