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Canadian Agricultural Prices Gain in June on Strong Crop, Livestock Demand

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Canadian agricultural prices rose in June, with gains across major crop and livestock products, according to the country's statistical agency on Monday.

Prairie canola prices rose for a fifth consecutive month, supported by renewed Chinese demand and record-high crush volumes, wrote Statistics Canada in a note. Alberta posted the largest monthly increase at 2.2%, while Manitoba recorded the biggest year-over-year gain at 6.6%.

Soybean prices also rose in Quebec and Manitoba, with year-over-year gains topping 10% across the three major producing provinces, supported by strong biofuel demand, added StatsCan. Wheat prices continued to climb across the Prairies amid a weaker global production outlook and lower seeded areas for the 2026/27 crop year.

Hog prices rose across all Canadian provinces, supported by strong domestic demand and higher live-hog exports to the US, said the Ottawa-based agency. Manitoba posted the largest monthly gain at 3.5%, marking its fifth consecutive increase.

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