The Farm Product Price Index increased 24.4 per cent in September compared with a year earlier.
It is now 13 years of consecutive price index increases.
The crops index was up by 32.2 per cent and was mainly responsible for the overall increase. It was driven higher because of the drought across Western Canada.
The all wheat index was up by 56.4 per cent.
The specialty crops index was up by 53.3 per cent, helped by strong European and Asian demand for dry peas and lentils and drought-reduced yields.
The oilseed index rose by 39.6 per cent. Soybean yields were great, but drought impacted canola and flaxseed which are almost totally produced in Western Canada. Demand for both vegetables oils and meals was strong.
The potato index barely budged, increasing two-tenths of one per cent, vegetables moved up by only 1.5 per cent and fruits were up by 9.7 per cent.
The livestock and animal products index rose by 13.1 per cent with hogs up by 31.4 per cent and the eighth year of annual increases.
The cattle and calves index increased by 10.8 per cent, supply-managed poultry by 18.1 per cent, eggs by 10.9 per cent and milk by four-tenths of one per cent, although the largest milk price increases in years are taking effect now and in February.
