Canada Market Report
16-Oct-2025 11:32 AM
Canada Market Report
Peas: Market subdued, prices under pressure due to heavy supply
★ The pea market remains weak as supply outlook is heavy. China has made no changes to import tariffs, while India has indicated it may introduce its own, which could significantly impact Canada’s two major pea export markets.
★ Prices are steady from last week — yellow peas at $7.00/bu and green peas (max 3% bleach) ranging from $10.00 to $10.50/bu. Maple peas continue to hover around $10.00/bu with limited buyer interest.
★ If export demand remains muted and domestic supplies stay high, pea prices are likely to remain under pressure throughout the marketing year.
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Kabuli Chickpeas
★ Exports remain steady. Kabuli chickpea bids are roughly 30% lower than a year ago. Bids remained stable this week, although reports indicate some variability in seed color.
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Lentils: Prices stable
★ Lentil markets saw little change over the past week. Red lentil bids remain steady at 22 cents per pound delivered, with occasional indications at 23 cents. Large green lentils (#2 grade) traded at 27–27.5 cents per pound FOB farm, while #1 grade reached up to 31 cents.
★ Small green lentils saw limited movement, with 24 cents per pound delivered available on select early spring contracts. French green lentils traded at similar levels to small greens.
★ Last year, a 20 bu/acre crop of large green lentils grossed roughly $694.61/acre, while this year’s 40 bu/acre crop generated around $632.17/acre.
★ Small green lentils brought $626.28/acre last year, compared to $523.82/acre this year. Red lentils returned $376.45/acre in 2024 and $517.45/acre in 2025.
★ Overall, while prices are weaker, improved yields have largely helped maintain profitability.