The latest field crop market outlook from Agriculture and Agri-Food Canada has large declines in the expected prices for many pulse and specialty crops.
The monthly Outlook for Principal Field Crops report from Ag Canada takes Canadian and international supply and demand into account.
Wheat is the only crop expected to have a somewhat better average price this crop year than last. In the September report, the new crop forecast price for both wheat and durum did not change from the August forecast. Canola is up $5 a tonne with oats up $10 as compared to last month. Canary seed has improved by $20 a tonne.
Other crops are down. Barley slips by $5 a tonne and flax has been lowered by $30. The pulse crops have even larger month over month declines. Peas are down $55 a tonne, the lentil price forecast is $50 a tonne lower and chickpeas are a whopping $120 a tonne lower than the price prediction made in August. Mustard has also taken a big hit – down $120 a tonne.
The next report is scheduled for October 21.
