Nov 10, 2021 8:59 PM - The Canadian Press
Production shortfalls caused by drought have combined with robust global demand to push up crop and livestock prices.
A-T-B Financial, Alberta's Crown bank, says the price of durum wheat that is used to make pasta reached a record high of 593-dollars a metric tonne in September _ double what it was in September 2020.
The price of common wheat was also high at 334-dollars a metric tonne, or 41 per cent above where it was 12 months earlier.
The prices of canola, barley, oats, lentils, flaxseed and dry peas were all relatively high in September.
The bank says higher crop and livestock prices are helpful for
producers, but the benefits have been offset by reduced yields and higher input costs.