Global Pulses Market Update: Mixed trend in peas, chickpeas and lentils

30-Mar-2026 11:31 AM

Global Pulses Market Update: Mixed trend in peas, chickpeas and lentils
Peas
★ The global pea market remained largely steady this week. Improved export movement has eased supply pressure to some extent, but uncertainty over the upcoming sowing area continues to keep the market cautious.
★ In Canada, pea acreage is expected to decline from around 3.5 million acres to nearly 2.08 million acres, while the U.S. seeding intentions data due on March 31 is likely to provide clearer market direction.
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Kabuli Chickpeas
★ Global chickpea prices were mostly steady amid relatively light trading activity.
★ Processors and exporters are facing margin pressure, especially in cases where shipping space has not been booked in advance. Rising crude oil prices have also pushed up freight costs, adding pressure on trade.
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Lentils
★ The lentil market showed a mixed trend. Green lentils remained steady, while red lentils witnessed some softness.
★ A record global production of 6.63 million tonnes last year has kept supplies comfortable, which is weighing on prices. However, growers in Australia and some other origins are still reluctant to sell at current price levels, providing some underlying support to the market.