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Farm product prices, September 2026

Monthly provincial prices received by farmers in September for grains, oilseeds, specialty crops, cattle, hogs, poultry, eggs and dairy products are now available.

In September, prices for wheat (excluding durum) posted a fourth consecutive monthly increase in the Prairie provinces. However, the pace of growth slowed compared with the previous three months, as increased domestic harvest and higher stocks may have weighed on price gains. Compared with September 2025, prices for wheat (excluding durum) rose across the Prairie provinces, with increases ranging from 19.5% in Saskatchewan to 15.4% in Manitoba.

In September 2026, canola prices declined across the western provinces compared with the previous month, led by Manitoba (-6.6%) and Saskatchewan (-6.1%). A bump in supply with the new harvest put downward pressure on prices. On a year-over-year basis, the Prairie provinces reported price gains in September, supported by stronger demand for biofuels compared with the same month in 2025.

Compared with August 2026, dry pea prices rose across the Prairie provinces in September, led by Alberta (+2.2%). Strong exports in September and anticipated lower global production in the 2026/2027 crop year supported prices.

Compared with August, slaughter cattle prices continued to weaken in September across all provinces because of higher supply of slaughter cattle and heavier carcass weights. Higher imports of competitively priced Australian beef in September further weighed on slaughter cattle prices. The price declines ranged from 13.8% in Quebec to 4.6% in Saskatchewan.

Feeder cattle prices continued to fall across nearly all provinces in September compared with August. Alberta (-8.9%) led the price decreases. A weaker slaughter cattle market and shrinking feedlot margins put downward pressure on feeder cattle prices.

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