Slow Pace of Pea Trading in Saskatchewan

17-Sep-2026 01:28 PM

Saskatoon. Although the harvest of the pea crop is in full swing in Saskatchewan—Canada's leading pulse-producing province—and significant carryover stocks remain, producers are holding back supplies in anticipation of future price increases, resulting in a sluggish pace of trading in the markets. Traders and exporters are focusing on foreign markets and formulating their pea procurement strategies accordingly.

Buyers are awaiting the final figures for Canada's pea production and are therefore reluctant to make hasty purchases at high prices. At the start of the current marketing season (August 2026 – July 2027), there was a massive carryover stock of approximately 1.18 million tonnes of peas; this is about 0.7 million tonnes higher than in the 2024-25 season and roughly 0.9 million tonnes higher than in the 2023-24 season.

Consequently, pea prices remain under significant pressure. A positive factor for Canada currently is the disruption of pea shipments from Russia via the Black Sea route. If this situation does not resolve quickly, demand for Canadian peas could rise in major importing nations like China and India. India imports only yellow peas, and domestic market prices for the commodity have strengthened somewhat in recent weeks.