Pea Prices Stable in Canada Amidst Normal Trading Activity

26-Mar-2026 07:53 PM

Regina. Pea prices in Western Canadian markets remain largely stable amidst normal trading activity. Exports to several countries are being adversely affected due to the Gulf crisis and elevated shipping costs.

The plant-delivered price for yellow peas has held steady within the range of $8.00–$8.50 per bushel for an extended period, while prices for glyphosate-free produce are reported to be trading slightly higher. For the upcoming new crop, prices are currently hovering between $7.00 and $8.00 per bushel, based on an FOB farm basis. Sowing for this crop is scheduled to commence next month.

Trading in green peas has been somewhat sluggish, resulting in a slight decline in prices to $10 per bushel. In Northern Saskatchewan, the contract price for the upcoming new crop is reported to be $9.40 per bushel. Trading activity in maple peas remains limited.

Canada currently holds substantial stocks of peas, while the pace of export shipments has slowed down. A massive carryover stock of peas is likely to remain available at the end of the current marketing season (August 2025 – July 2026), suggesting that downward pressure on prices is likely to persist.