Scotiabank's Agricultural Index was up 4 point 2 per cent in April from March's level.
An 8 per cent increase in canola prices, 5 per cent for barley and 4 and a half per cent for wheat all contributed to that increase.
Cattle prices were lower in April while hog prices were pretty steady.
Despite the March to April increase, the bank says that index is still 3 and a half per cent lower than it was a year ago.
Economist Rory Johnston points out recent Statscan figures showed canola and wheat inventories the end of March were low relative to the same time last year.
Scotiabank's overall Commodity Price Index was up 4 point 5 per cent from March to April.
