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Wheat prices in Canada for Q1 2024 closed at 237 USD/MT. Canada's wheat market struggled with declining prices, impacted by a stronger Canadian dollar and rising shipping costs, making exports less competitive. High supply levels and reduced demand, both locally and globally, resulted in a bearish outlook and subdued market activity.
Product
| Category | Region | Price |
---|---|---|---|
Wheat | Agricultural Feedstock | Canada | 237 USD/MT |
Wheat | Agricultural Feedstock | India | 292 USD/MT |
Wheat | Agricultural Feedstock | Russia | 205 USD/MT |
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
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Get statistical data on weekly spot market and forward contract winter wheat prices in Ontario. Data includes: * old and new crop Chicago Board of Trade (CBOT) prices * old and new crop weekly unadjusted basis * old and new crop weekly adjusted basis * old crop weekly cash price * new crop cash price * cash price spread * CBOT price spread * Canadian dollar value * 5-year average for winter wheat basis * 10-year average for winter wheat basis * 10-year average for cash price Statistical data are compiled to serve as a source of agriculture and food statistics for the province of Ontario. Data are prepared primarily by Statistics and Economics staff of the Ministry of Agriculture, Food and Rural Affairs, in co-operation with the Agriculture Division of Statistics Canada and various government departments and farm marketing boards.
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Wheat decreased 17.24 USd/BU or 3.13% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Wheat - values, historical data, forecasts and news - updated on March of 2025.
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This data set contains Ontario wheat grain prices collected by University of Guelph, Ridgetown Campus. The dataset includes daily prices of agricultural commodities at individual elevators in Ontario. Daily highs and lows are given for each commodity, as well as, daily Bank of Canada exchange rates.This dataset includes data from January 1, 2024 to December 31, 2024.
Canadian wheat farms have grown despite considerable economic volatility through the end of 2024. The industry is highly globalized and reliant on trade, which has improved following the dismantling of the Canadian Wheat Board in 2012; the board had restricted the marketing freedom of farms. Demand for Canadian wheat abroad has risen because of its reputation for high quality. Favourable price increases driven by world wheat prices have improved farm revenue and profitability. Improved trade ties with emerging economies have also aided growth by helping farmers tap into demand from new markets. Wheat farming revenue is expected to climb at a CAGR of 4.7% to an estimated $16.2 billion through the end of 2024, despite a decrease of 2.5% in 2024 because of waning wheat demand. Strong wheat prices have been the primary driver of revenue growth in recent years. The world price of wheat grew by a staggering 43.3% in 2021, followed by 35.5% in 2022, as global supply levels contracted. Canadian wheat prices surged the same year amid an intense drought that cut crop yields, making wheat a rare commodity. Strong revenue growth, combined with technological advancements, has enabled profit expansion for Canada's wheat farmers. Moving forward, a continued gain in the world price of wheat, counteracted some by flagging demand, will drag down revenue growth. Exports will continue to expand, albeit at a slower pace, as external competition from other grains and wheat production in other countries intensifies. Uncertainty regarding global wheat yields will also pose a threat to Canadian wheat farmers. Wheat is susceptible to various weather changes, meaning that industry performance can be drastically disrupted at any time. Revenue is expected to climb at a CAGR of 0.8% to $16.8 billion through the end of 2029.
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The Canadian wheat market soared to $3B in 2024, rising by 51% against the previous year. Over the period under review, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $5.9B. From 2023 to 2024, the growth of the market failed to regain momentum.
This statistic shows the quarterly export price index of wheat in Canada from 2014 to 2023. The export price index of wheat in Canada was 116.3 during the third quarter of 2023.
This statistic shows the quarterly import price index of wheat in Canada from 2014 to 2023. The import price index of wheat in Canada was 181.4 during the third quarter of 2023.
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In February 2023, the wheat starch price stood at $1,500 per ton (FOB, Canada), rising by 32% against the previous month.
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This data set contains Ontario corn grain prices collected by University of Guelph, Ridgetown Campus. The dataset includes daily prices of agricultural commodities at individual elevators in Ontario. Daily highs and lows are given for each commodity, as well as, daily Bank of Canada exchange rates.This dataset includes data from January 1, 2024 to December 31, 2024.
This data set contains Ontario wheat grain prices collected by University of Guelph, Ridgetown Campus. The dataset includes daily prices of agricultural commodities at individual elevators in Ontario. Daily highs and lows are given for each commodity, as well as, daily Bank of Canada exchange rates.This dataset includes data from January 1, 2024 to December 31, 2024.
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
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This product provides information on Non-Board Feed Grain Prices, over a ten-year period. Comparison of the $/tonne prices for Wheat, Oats, Barely in Lethbridge, Calgary, Red Deer, Edmonton, Peace River/Grande Prairie and Vermilion are included.
This statistic shows the monthly export value of wheat in Canada from January 2015 to August 2021. In August 2021, exports of wheat from Canada amounted to approximately 793.2 million Canadian dollars.
Farm product prices, crops and livestock, by province (in dollars per metric tonne unless otherwise noted). Data are available on a monthly basis.
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In 2023, after two years of decline, there was significant growth in shipments abroad of wheat, when their volume increased by 38% to 26M tons.
This statistic shows the monthly import value of wheat in Canada from January 2015 to May 2021. In May 2021, the value of imports of wheat in Canada amounted to approximately 8.3 million Canadian dollars.
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This data set contains Ontario feed grain prices collected by University of Guelph, Ridgetown Campus. The dataset includes daily prices of agricultural commodities at individual elevators in Ontario. Daily highs and lows are given for each commodity, as well as, daily Bank of Canada exchange rates. This dataset includes data from January 1 to December 31, 2022.
Open Government Licence - Canada 2.0https://open.canada.ca/en/open-government-licence-canada
License information was derived automatically
This product provides information on Canadian Wheat Board Payments (Initial and Final), over a two-year period. $/tonne (Basis Edmonton/Calgary) Initial Payment, Adjusted Payment, Final Payment and Realized Payment for Wheat and Designated Barley are included.
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Learn about the different factors that affect Canadian grain prices per bushel, including type, quality, demand, and supply. Discover the price ranges for wheat, barley, canola, corn, and oats, and understand how market dynamics and global trends impact these prices.
The average retail price for 2.5 kilograms of flour was 4.46 Canadian dollars in Canada in October 2024. The retail price of flour fluctuated throughout 2020 and the average monthly price per 2.5 kilograms was 4.49 Canadian dollars in 2020 and 5.06 Canadian dollars in 2015. Flour origins Flour is a powder which is used to make many kinds of food such as bread, pastries, pasta and cakes. Wheat flour is one of the most common sorts and is one of the key ingredients in many cuisines worldwide. The process of creating flour is called milling, which is accomplished by grinding the grain between stones or steel wheels. The earliest evidence of wheat seeds being crushed to produce flour dates back to 6,000 BC. Today, there are many different types of flour available at retail with various additives to produce better cooking results. Canadian market Canada produced approximately 2.34 million metric tons of wheat flour in 2018. This figure has remained relatively constant over the past years, not dipping below 202 million metric tons annually. Canada is also active in the international trade of wheat flour. In 2018, they exported around 255,730 metric tons and imported around 88,910 metric tons.
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Wheat prices in Canada for Q1 2024 closed at 237 USD/MT. Canada's wheat market struggled with declining prices, impacted by a stronger Canadian dollar and rising shipping costs, making exports less competitive. High supply levels and reduced demand, both locally and globally, resulted in a bearish outlook and subdued market activity.
Product
| Category | Region | Price |
---|---|---|---|
Wheat | Agricultural Feedstock | Canada | 237 USD/MT |
Wheat | Agricultural Feedstock | India | 292 USD/MT |
Wheat | Agricultural Feedstock | Russia | 205 USD/MT |