Soybean Price in Ontario
Latest price
611.45 CAD/mt
Ontario is Canada's leading grain province, growing roughly two-thirds of the country's corn and soybeans and over 80% of its winter wheat. Source: Statistics Canada.
Over the past 12 months it ranged from 513.54 CAD/mt (Oct 2025) to 611.45 CAD/mt (Jul 2026), +14.5% vs. a year earlier. +8.0% vs. Canada (average). Higher than 2 of 3 other reporting Canadian provinces (Jul 2026).
Price Chart
How this year compares, month by month, to the typical pattern of recent years for the selected region.
Notable price events
- 2007-08 global food price crisis — Drought in major exporting countries, combined with several governments restricting exports to protect domestic supply and growing demand for biofuel crops, pushed wheat, rice and corn to what were then record prices within about a year - triggering food riots in over 30 countries.
- 2012 US Midwest drought — The worst US drought in over 50 years cut the corn harvest roughly 13% below the prior year and pushed corn futures to a then-record above $8/bushel - the costliest agricultural disaster in US history at an estimated $30 billion in losses.
Canadian province options are Statistics Canada producer prices (monthly); "Canada (average)" is a simple, unweighted mean across reporting provinces, computed by agri.markets — not a production-weighted figure. Currency, unit and inflation conversions are explained in how agri.markets sources and calculates prices.
Price data table
Recent prices
| Period | Price (CAD/mt) | Change |
|---|---|---|
| Jul 2026 | 611.45 | +3.2% |
| Jun 2026 | 592.32 | -0.1% |
| May 2026 | 593.09 | +1.4% |
| Apr 2026 | 584.69 | +1.1% |
| Mar 2026 | 578.06 | +4.2% |
| Feb 2026 | 554.7 | +3.6% |
| Jan 2026 | 535.59 | -4.4% |
| Dec 2025 | 560.35 | +1.7% |
| Nov 2025 | 551.04 | +7.3% |
| Oct 2025 | 513.54 | -0.5% |
| Sep 2025 | 516.16 | -2.8% |
| Aug 2025 | 531.2 | -0.6% |
Annual averages
| Year | Average (CAD/mt) | Change |
|---|---|---|
| 2026 (year to date) | 578.56 | +9.0% |
| 2025 | 530.68 | -6.0% |
| 2024 | 564.74 | -19.6% |
| 2023 | 702.08 | -0.2% |
| 2022 | 703.38 | +20.3% |
| 2021 | 584.87 | +27.0% |
| 2020 | 460.39 | +6.8% |
| 2019 | 431.23 | -5.9% |
| 2018 | 458.26 | -2.8% |
| 2017 | 471.25 | +1.4% |