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Scotiabank: Ag Index Up 2.6 Per Cent In March

The agriculture index was the only sub-component of Scotiabank's Commodity Price Index to post a gain in March.

The overall index dropped by 3 point 7 per cent, driven down by falling oil prices.

The agriculture index was up 2 point 6 per cent in March from February.

However, Scotiabank says it was still 15 point 4 per cent below where it was a year ago.

The bank says firmer wheat, barley and cattle prices and a big seasonal jump in Atlantic Coast lobster prices more than offset softer canola and hog prices last month.

Scotiabank Index - March 2015

 

 

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