What is the price of soya beans per kilogram/pound in Canada today?
The retail price range for Canada soya beans is between US$ 1.62 and US$ 1.91 per kilogram or between US$ 0.74 and US$ 0.87 per pound(lb). Click here to see today's exact prices of soya beans in Canada
The retail price range in Canadian Dollar for soya beans is between CAD 2.19 and CAD 2.58 per kilogram or between CAD 0.99 and CAD 1.17 per pound(lb) in Ottawa and Montréal.
Wholesale prices
In 2024, the approximate wholesale price range for Canada soya beans is between US$ 1.14 and US$ 1.34 per kilogram or between US$ 0.52 and US$ 0.61 per pound(lb).
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Canada Soya Beans Export Prices - Historical, Trends and Prediction
The export price per kilogram of Soya Beans from Canada has seen a steady decline over the last five years. In 2011, the price was 0.54 US dollars per kg, and by 2021, it had dropped to 0.54 US dollars per kg. The lowest price was recorded in 2015, at 0.43 US dollars per kg, and the highest price was in 2022, at 0.62 US dollars per kg. The current price is 0.44 US dollars per kg. Based on this trend, it is predicted that the export price per kilogram of Soya Beans from Canada will be 0.41 US dollars per kg in 2023 and 0.39 US dollars per kg in 2024.The soya beans exports from Canada are classified as:
- Soya bean seed, for sowing (HS code 120110)
- Soya beans, whether or not broken (HS code 120100)
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
Canada Soya Beans Import Prices - Historical, Trends and Prediction
The import price per kilogram of Soya Beans into Canada over the last five years has seen a steady decline. In 2012, the price was 0.60 US dollars per kg, and by 2017, it had dropped to 0.41 US dollars per kg. In 2018, the price dropped further to 0.40 US dollars per kg, and in 2019, it reached its lowest point of 0.39 US dollars per kg. However, in 2020, the price rose slightly to 0.44 US dollars per kg, and in 2021, it increased further to 0.54 US dollars per kg. The most recent data from 2022 shows that the price has risen to 0.62 US dollars per kg. Based on this trend, it is likely that the import price per kilogram of Soya Beans into Canada will continue to increase in the next two years, with an estimated price of 0.65 US dollars per kg in 2023 and 0.68 US dollars per kg in 2024.Export values for Canada soya beans
The total values in export for soya beans in Canada were US$ 1,895,739, US$ 1,919,866, US$ 2,222,223 and US$ 1,547,811 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Cereals/Grains category in Canada: Wheat, Rye, Barley, Oats, Maize, Rice, Sorghum, Buckwheet, Millet & Canary seed.
See prices of soya beans in other countries across North America: Canada soya beans, US soya beans, Anguilla soya beans, Antigua and Barbuda soya beans, Bermuda soya beans, Bonaire, Sint Eustatius and Saba soya beans, St.Pierre and Miquelon soya beans, United States Minor Outlying Islands soya beans, Cayman Islands soya beans & Greenland soya beans.
Canada soya beans - Production, Exports, Imports, Seasons and HS Codes
The volume of soya beans sold by Canada in 2020 was 4,431,767 metric tons. In 2019 Canada sold 4,012,913 tonnes of soya beans. In 2019 alone, the interest in Canada soya beans (cereals/grains category) has decreased, changing by -27.089 percent compared to the year 2018. Between 2017 and 2019, soya beans' exports went down by -13.94 percent netting Canada US$1,547.81m for the year 2019. Canada's soya beans exports are classified as:
- Soya beans, whether or not broken (HS code 120100)
- Soya bean seed, for sowing (HS code 120110)
- Soya beans, whether or not broken (excluding seed for sowing) (HS code 120190)
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Canada soya beans export values
In 2019, Canada shipped soya beans valued at 1,547.81m USD, a reduction of -30.35% from 2018's total soya beans export of 2222.223m USD. The annual change in value of Canada soya beans between 2017 to 2018 was 15.749%.
The yearly change in the volume of Canada's soya beans exports between 2017 and 2019 was -13.94 percent compared to a variation of -27.089% in the period between 2018 and 2019.
Canada's portion of the world's total soya beans' exports in 2019 was less than 1%. Canada is ranked position 32 in world exports of soya beans.
Export markets for Canada soya beans ( in '000$ )
Canada's top export markets for soya beans are Iran, Bangladesh, Italy, Belgium and US.
Import/Export Trends
Canada is a net importer of soya beans. The annual growth of Canada soya beans in value between 2015 to 2019 was 45%, per annum, while annual growth in quantity for the same period was -7%, per annum.
Canada purchased 600,438 tonnes of soya beans in 2019.
Production
The production of soya beans in Canada was 18,135,300 tonnes in 2019 and is projected to change by an average of -18.49%. The country had approximately 6,811,500.00 hectares under soya beans cultivation.