Lentils and peas: China resumes buying from Canada
February 11, 2026 at 4:56 PM ,
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Canadian lentil market remains stable
The Canadian lentil markets are largely stable and trading within a narrow range after showing slight upward trends in early February. Overall, current prices largely reflect last week's levels, according to the experts at Rayglen Commodities.
Green lentils are seeing particularly brisk trading activity in the large-calibre segment. Stable to slightly firmer prices are being achieved for no 2 grades, and there is also demand for higher-quality lentils. In contrast, the market for small green lentils is more mixed: while no 1 grades are largely stable in price, no 2 goods remain under pressure due to the large quantities available. Here, supply continues to exceed demand, leading to corresponding price reductions. Red lentils are stable with a slightly firmer underlying trend. Constant to slightly higher prices are being reported, especially for goods from the old crop, both on a delivery basis and FOB farm.
For the new crop, price indications remain unchanged across all grades. Contracts are still available, but growers are noticeably cautious as the current bids have so far failed to convince them. Overall, the market remains well supplied, with sales opportunities mainly in the large-calibre green lentil segment, according to Rayglen.
China buys Canadian peas again
The market experts also report that the Canadian pea market has recently reacted significantly to trade policy developments. Following the announcement of Chinese tariff concessions as part of the provisional trade agreement with Canada, there was initially a jump in prices, but since then the market has calmed down again. Overall, however, trade remains volatile.
Yellow and green peas recorded only moderate price increases compared to the previous weeks. Yellow peas are currently trading in a stable range of around CAD 7.50 to just over CAD 8.00/bu, depending on the delivery basis. Green peas are trading at CAD 10/bu, with lots with a higher content of bleached peas continuing to attract limited interest. The market for maple peas was particularly dynamic. Buyers secured goods at significantly higher prices at times, before bids weakened again slightly recently. Depending on the variety, prices are currently quoted in the range of around CAD 11.00 to CAD 14.00/bu.
Despite the expected resumption of Chinese imports, Canadian end stocks are likely to remain relatively high, limiting upside potential. Clear price indications for the new crop have yet to emerge, while underlying demand remains cautious overall, reports Rayglen Commodities.
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