Thursday, October 6, 2005

Wholesale Prices

Question

There is a class of students doing business plans here, and one of them is looking at making energy drinks using 100% fruit juice as one of the ingredients. What he would like to find is the price that he would have to pay for fruit juice. This would be the wholesale price, not the retail price. I was able to find retail price in CANSIM Table 326-0012. But, so far, I have not been able to dig up wholesale prices. Does anyone have any ideas?

Answer
You can get futures prices of commodities (such as orange juice) via Thomson Financial's Datastream database.

I would also look at the US Dept of Agriculture's AMS page of Wholesale Terminal prices here:
http://www.ams.usda.gov/fv/mncs/terminal.htm

There are links for fruits and tropical fruits.

Also: You can find wholesale to retail prices of many types of food on Agriculture Canada's website in a database at
http://infohort.agr.gc.ca/index.cfm?action=dspWklyWhlsl&lang=eng

This database allows you to select the year, month, and day, as well as type of commodity, and location of market.

It then gives you an output, and allows you to export the data as a .csv file

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