Soybean Price in Saskatchewan

Latest price

497.77 CAD/mt

Jun 2026 · Statistics Canada

Over the past 12 months it ranged from 382.18 CAD/mt (Jul 2025) to 497.77 CAD/mt (Jun 2026), +15.3% vs. a year earlier. -9.4% vs. Canada (average). The lowest price among 5 reporting Canadian provinces (Jun 2026).

Price Chart

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.
Price data table

Recent prices

PeriodPrice (CAD/mt)Change
Jun 2026497.77+10.8%
Nov 2025449.1+3.2%
Oct 2025435.29+0.3%
Aug 2025434.15+13.6%
Jul 2025382.18-11.5%
Jun 2025431.88+0.3%
Apr 2025430.57+7.3%
Jan 2025401.45-3.8%
Nov 2024417.16+5.7%
Oct 2024394.55-14.0%
Jun 2024458.64-7.8%
Mar 2024497.37-15.1%

Annual averages

YearAverage (CAD/mt)Change
2026 (year to date)497.77+17.5%
2025423.52-4.2%
2024441.93-22.3%
2023569.04+16.4%
2021488.85+31.6%
2020371.46-1.7%
2019377.71-6.2%
2018402.7+0.2%
2017402.09-5.1%
2016423.85+15.4%

Other Canadian provinces

Other commodities tracked in Saskatchewan