News Capsule: Canada Pulse Market
12-Feb-2026 10:41 AM
News Capsule: Canada Pulse Market
Kabuli Chickpeas
★ Prices remained steady this week. Speculation around 2026 acreage is building, as some producers may need to replace seed and input costs remain higher compared to less input-intensive crops. If acreage declines, carryover stocks could tighten. Final planting decisions will likely depend on projected profitability on paper.
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Lentils
★ The lentil market continues to fluctuate.
★ Red lentils are trading up to 26¢/lb delivered.
★ Large green lentils have reached 27¢/lb for summer delivery, while April movement is around 26¢/lb FOB.
★ Small greens remain quiet, with No. 1 at 19–20¢/lb and No. 2 at 17–18¢/lb.
★ New crop indications are 20–21¢/lb for reds, 24¢/lb for large greens, and 20¢/lb for Estons, including an Act of God clause.
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Peas
★ The pea market has seen little change.
★ Old crop yellow peas are priced at $8.00–$8.30 per bushel delivered.
★ Green peas are at $10.50 per bushel FOB.
★ Maple peas are trading between $11–$13 per bushel.
★ There is potential for acreage to shift away from peas this year, which could lend support to new crop prices.