Peas and lentils: strong export performance
November 12, 2026 at 12:20 PM ,
Der AUDITOR
Canadian pea market remains largely unchanged
According to Rayglen Commodities, the Canadian pea market started November with little movement. Both price trends and buying activity remain largely unchanged. For yellow peas, growers have good sales opportunities to generate liquidity. Target pricing above posted indications still attract buyer interest for yellow, green and maple peas. For green peas, bids are holding steady. Additional premiums are being offered for goods with a moisture content lower than the standard levels.
The sale of maple peas continues to present the greatest challenge. Despite limited marketing opportunities, they achieve the highest prices within the pea range. However, buying interest remains subdued as the market awaits further clarity on the trade agreement between Canada and China. This agreement expires on 31 December 2026. Any changes could affect trade flows and demand for Canadian maple peas.
Between January and September 2026, Canada exported dried peas worth just over USD 740 million, representing a 42.6% increase on the previous year. China doubled the value of its imports of Canadian peas to more than USD 310 million, making it the largest buyer. India ranks second, with only minor changes compared with last year, whilst the US increased the value of its imports by almost 40%.
|
Dried pea exports, Canada, in 1,000 USD |
|||
|
Destination |
2025 |
2026 |
Diff. |
|
China |
149,281 |
310,612 |
108.1% |
|
India |
149,844 |
149,831 |
0.0% |
|
USA |
41,327 |
57,514 |
39.2% |
|
Bangladesh |
43,124 |
52,337 |
21.4% |
|
Pakistan |
11,677 |
26,776 |
129.3% |
|
Others |
123,722 |
143,244 |
15.8% |
|
Total |
518,975 |
740,314 |
42.6% |
|
Statistics Canada, Jan-Sep 071310 Peas, dried and shelled |
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Lentil market treads water
The Canadian lentil market also remains largely unchanged. Prices are holding steady across all grades, whilst buying interest varies. For large green lentils, enquiries are already being made for delivery dates in the new year in some cases. Demand for red lentils has eased, as buyers anticipate an above-average Australian crop. According to Rayglen Commodities, this additional supply could put pressure on Canadian prices as the marketing year progresses. Some buyers are specifically seeking goods from the 2026 crop, whilst others are offering varying prices for the old crop or are not taking the harvest year into account.
Canadian lentil exports totalled just over USD 970 million in the period January-September 2026. The two largest buyers, India and Turkey, increased the value of their imports from Canada by a substantial 127.2% and 216.7% respectively, whilst the United Arab Emirates and Colombia imported significantly less than last year.
|
Dried lentil exports, Canada, in 1,000 USD |
|||
|
Destination |
2025 |
2026 |
Diff. |
|
India |
161,774 |
367,612 |
127.2% |
|
Turkey |
42,019 |
133,071 |
216.7% |
|
UAE |
124,612 |
74,664 |
-40.1% |
|
Colombia |
62,995 |
42,068 |
-33.2% |
|
USA |
45,467 |
39,907 |
-12.2% |
|
Others |
384,893 |
313,026 |
-18.7% |
|
Total |
821,760 |
970,348 |
18.1% |
|
Statistics Canada, Jan-Sep 071340 Dried, shelled lentils, whether or not skinned or split |
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