Kanpur. Pea prices improved during the current week due to weaker selling pressure and increased buying interest. Limited availability of imported peas at the ports restricted selling by importers, providing support to the market. According to the latest data from the agriculture department, pea sowing in the current Rabi season has decreased to 7.92 lakh hectares, compared to 8.27 lakh hectares last year. This represents a decrease of 0.35 lakh hectares in the sown area. Traders believe that given the limited supply and reduced sowing, pea prices are likely to remain firm in the coming period.

Due to improved sowing area and average yield, Canada's total pea production is projected to increase by 31 percent to 3.9 million tonnes in the current 2025-26 marketing season. Improved conditions are expected to result in a 22 percent increase in yellow pea production to 3.1 million tonnes and green pea production of approximately 600,000 tonnes. Due to large carryover stocks and excellent production, total availability is estimated to increase by 33 percent to 4.4 million tonnes, of which approximately 2.2 million tonnes could be exported. However, export demand is expected to remain limited due to high import duties in China and India. Weak demand could lead to record-high ending stocks at the end of the season, putting pressure on prices. The average price is projected to fall by 31 percent compared to 2024-25 to $280 per tonne. However, in November 2025, yellow pea prices increased by $5 and green pea prices by $15 per tonne in Saskatchewan markets. Due to below-average Rabi pea production and limited acreage in India, prices in Canadian markets are currently stable. Due to weaker selling by importers and increased buying, the prices of imported peas improved by Rs. 25-50 per quintal during the current week.  With this improvement, the prices at the end of the week were Rs. 3750 per quintal for Mumbai (Canadian), Rs. 3650 per quintal for Mumbai (Russian), Rs. 3650-3675 per quintal for Mundra (Canadian), and Rs. 3600-3625 per quintal for Mundra (Russian).  Due to continued buying, the price of Kanpur peas increased by Rs. 50 per quintal this week, reaching Rs. 3975 per quintal at the end of the week. Similarly, the price of Lalitpur peas also increased by Rs. 50-100 per quintal this week, reaching Rs. 3500-3725 per quintal at the end of the week.  Due to strong demand, the price of Mahoba peas also increased by Rs. 100 per quintal this week, reaching Rs. 3800-4000 per quintal at the end of the week. Due to weaker selling and increased buying, the price of Orai peas also increased by Rs. 50 per quintal this week, reaching Rs. 3400-3600 per quintal at the end of the week. Similarly, a rise of Rs. 50 per quintal was recorded in the price of Mauranipur peas, and with this increase, the price reached Rs. 3500-3600 per quintal at the end of the week. Due to widespread positive sentiment and increased demand, the prices of Madhya Pradesh peas increased by Rs. 100-200 per quintal this week, reaching Rs. 3400-3650 per quintal for Bina and Rs. 3450-3550 per quintal for Damoh at the end of the week.

Due to sluggish demand, there was no change in the prices of pea dal during the current week, and the prices remained stable at Rs. 4100-4200 per quintal for Kanpur and Rs. 4300-4400 per quintal for Indore at the end of the week.