★ The North American pulse market remained largely unchanged this week, with little movement in chickpea, pea and lentil prices. Buyers are primarily waiting for the new crop, while weather conditions and India's weak monsoon continue to be closely watched.

★ The kabuli chickpea market remains steady, with old and new crop prices trading at similar levels. Old crop bids are quoted at US$0.25–0.27/lb FOB farm, depending on size and quality. Even at these levels, buyers are showing little urgency to secure supplies and are largely waiting for the 2026 crop rather than raising bids for old crop inventories.

★ Some buyers are offering 1–2 cents/lb above prevailing new crop prices, but these are generally for deferred delivery contracts. Making limited new crop sales could help growers create storage space and ensure early movement.

★ If weather conditions remain favourable this season, demand for the 2025 old crop is expected to stay limited, especially as last year's crop continues to face quality and grading issues.

★ The pea market also remains sluggish. With harvest approaching, buyers are focusing more on new crop pricing than old crop supplies. Trading in yellow peas is slow, while green peas are indicated at around US$9.00 per bushel delivered.

★ Weather concerns have recently shifted from disease pressure to excessive heat, which could reduce yields. In addition, lower seeded acreage this year may result in a smaller pea crop compared with last season. However, large carryover stocks continue to cap any significant price gains. Market direction is expected to become clearer once harvest provides a better assessment of actual yields and quality.

★ Quality and seed size of this year's lentil crop remain uncertain, with crop conditions varying across growing regions.

★ A major concern for the market continues to be India's below-normal monsoon rainfall. Although domestic prices in India have not yet reacted, a production shortfall in both India and Australia due to dry weather would likely provide stronger support to red lentil prices than to green lentils.

★ Seasonal slow trade has kept lentil prices largely stable. However, limited opportunities remain for old crop movement during August, and buyer interest continues for lower-grade large green lentils.