
Statistics Canada’s September 2026 farm-price data showed wheat prices excluding durum were 19.5% higher year over year in Saskatchewan and 15.4% higher in Manitoba. Canola prices fell from August by 6.6% in Manitoba and 6.1% in Saskatchewan.
The data indicate firmer year-over-year farmer returns for wheat, but month-to-month declines in canola prices. It is a retrospective price measure rather than a new supply shock, so the direct market impact is limited.
After 769 past bullish report events, Wheat (SRW) moved a median +0.2% over 5 sessions (53% higher; middle half -1.4% to +2.0%), and +0.2% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.