What is the price of soya beans in Canada?

As of January 2024, soya beans in Canada is US$ 0.39 per kg (0.53 CAD), sourced from FAOSTAT Producer Prices.

Soya Beans Price in Canada - June 2026 Market Prices (Updated Monthly)

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Current Soya Beans Prices in Canada
Soya Beans Price History & Trend
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Soya Beans Prices in Canada

US$ 0.39 / kg

0.53 CAD / kg

MoM ▼ 21.2% YoY ▼ 21.2%

Checked: Jun 9, 2026

Price as of: January 2024

Source: FAOSTAT Producer Prices

Variety	Market level	Price (US$/kg)	Local (CAD)	MoM	YoY	Source
-	Farmgate	0.39	0.53	▼ 21.2%	▼ 21.2%	FAOSTAT Producer Prices

As of June 2026, the soya beans price in Canada available is US$ 0.39 per kg (0.53 CAD), down 21.2% year-on-year.

Canada produced 7,568,013 tonnes of soya beans in 2024, ranking 8th globally and accounting for 1.8% of world output, with an 8.4% year-on-year increase. The average yield was 0.331 tonnes per hectare. The latest farmgate price is US$0.3895 per kg. Soya beans are traded under HS code 1201.00.

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Soya Beans Price History & Trend

We are building a dedicated soya beans price series for Canada history. The trend line shown is the closest commodity benchmark, for reference only.

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Production, Exports, Imports & HS Codes - soya beans in Canada

Production FAOSTAT · 2024

Canada produced 7.57 Mt of soya beans in 2024▲ 8.4% YoY. It ranks #8 among producing countries (1.8% of world output).

7.57 Mt

mi_production

2,289,600 ha

Area harvested

0.33 t/ha

Yield

World rank

Production by year (tonnes)

HS Code

soya beans is traded under Harmonized System code 1201.00. Trade figures above are compiled for this HS heading.

Sources: trade & HS - UN Comtrade; production - FAOSTAT (FAO). Values are official reported figures.

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.

Other Cereals/Grains Prices in Canada

Latest prices for other cereals/grains in Canada:

Rice$1.44/kg Wheat$0.23/kg Oats$0.22/kg Wild rice$2.33/kg Brown rice$1.44/kg Rye$0.18/kg Barley$0.20/kg Spelt$0.25/kg Maize$0.35/kg Buckwheet$0.60/kg Farro$2.33/kg Fonio$2.33/kg Other Cereals$0.73/kg Bulgur$0.30/kg Quinoa$1.57/kg

Fr: Canada Haricots de soja prix

Scientific name: Glycine max

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