CANADIAN COMMODITY MARKET

Canadian Agricultural Commodity Prices & Market Intelligence

Track Canadian agricultural prices, production, supply, demand, exports and market developments.

Canada Food Market Monitor provides independent market information for agricultural producers, food manufacturers, wholesalers, distributors, importers, exporters and consumers.

Canadian Agricultural Commodity Market

Prices • Production • Supply • Demand • Market Trends

Canada's agricultural commodities play an important role in domestic food supply, international trade and the global food economy.

Canada Food Market Monitor tracks agricultural commodity prices, production trends, market developments and supply-chain information to help consumers, farmers, wholesalers, manufacturers and businesses understand the food market.

Canadian commodity market overview

Our commodity section covers six major agricultural categories, with information on Canadian market prices, historical movements, production and trade.

What we monitor

6

Commodity categories

12+

Initial tracked commodities

Monthly

Official farm-price reporting

Canada

National market coverage

Latest Canadian market developments

Canola

Canadian canola prices continued rising in the Prairie provinces during August 2026, recording their seventh consecutive monthly increase. Strong biofuel demand and higher canola crushing volumes contributed to the trend.

Wheat

Wheat prices increased across the Prairie provinces in August, supported partly by concerns about unfavourable growing conditions in US wheat-producing regions.

Lentils

Lentil prices declined in Alberta and Saskatchewan. Increased competition from Australian lentils and surplus supply from the previous crop year contributed to downward pressure.

Cattle

Slaughter cattle prices decreased across all provinces in August compared with July, although prices remained higher year-over-year in most provinces.

Source: Statistics Canada, Farm Product Prices, August 2026, released October 9, 2026.

Statistics Canada

2026–27 crop-year forecasts published October 20, 2026. Figures are estimates, not final harvested production. Source: Agriculture and Agri-Food Canada

Latest commodity market developments

Canola – Stronger prices

Canola prices increased for a seventh consecutive month in the Prairie provinces in August 2026. Saskatchewan recorded a 6.6% monthly increase and Alberta recorded a 4.0% increase. Statistics Canada identified biofuel demand and increased crushing volumes as supporting factors.

Statistics Canada

Wheat – Production and exports

Canada exported approximately 23.86 million tonnes of non-durum wheat in 2025–26. Agriculture and Agri-Food Canada forecasts 23.45 million tonnes of exports in 2026–27.

Agriculture and Agri-Food Canada

Lentils – Downward price pressure

In August 2026, lentil prices fell 5.6% month-over-month in Alberta. Saskatchewan recorded a 19.2% year-over-year decline. Increased Australian competition and surplus supply were contributing factors.

Statistics Canada

Corn – Higher production outlook

Canadian corn production is forecast to increase 11% in 2026–27 to approximately 16.559 million tonnes.

Source: Agriculture and Agri-Food Canada

Mt = million tonnes. 2025–26 figures are final estimates in the October outlook; 2026–27 figures are forecasts. All principal field crops are included. Source: Agriculture and Agri-Food Canada