Pea Prices Recover Amid Strong Export Demand

04-May-2026 01:08 PM

Vancouver. Last week, pea prices in the international market recorded some firming, and trading activity also witnessed an improvement. Export demand for the commodity remained robust. This provided exporting nations with an excellent opportunity to reduce their existing stocks.

Pea sowing is currently underway in Canada, the United States, and countries within the Black Sea region. The recovery in prices could incentivize farmers to expand their sowing acreage—or at the very least, maintain it at current levels.

Should weather conditions remain favorable in the coming months, global pea production could see an increase during the 2026-27 season. Initial reports on sowing progress in the Northern Hemisphere indicate a slow start in Canada and the U.S., though the pace is expected to accelerate in the near future. Weather conditions for sowing remain largely favorable.

In the United States, pea sowing has so far been completed across approximately 20 percent of the targeted acreage; however, this figure trails the five-year average by about 6 percentage points.

In the Canadian provinces of Saskatchewan and Alberta, pea sowing has also gradually begun to gain momentum, even as producers and traders in these regions continue to hold substantial stocks of the commodity. Meanwhile, pea exports to several destinations are facing disruptions due to the ongoing crisis in West Asia.