Lentil prices in Canada are softening due to weak export demand

11-Oct-2025 11:48 AM

Saskatoon. Lentil prices in Canadian markets are softening due to improved production and weak export demand. Although producers are selling limited quantities, prices remain under pressure.

The price of small red lentils recently fell to around 22 cents per pound, and in some places, they are even being quoted at 23 cents per pound.

Meanwhile, as the harvesting season for the new lentil crop in Australia approaches, foreign importers are losing interest in purchasing Canadian goods.

Some analysts believe that lentil production in Australia this year could exceed 1.8 million tonnes, an all-time high. This will significantly increase the supply and availability of lentils in the global market, potentially putting pressure on prices.

Russia and Kazakhstan are also projected to produce a robust 1 million tonnes of lentils. Significant increases in production are being reported in Canada itself. This could lead to intense competition in the global export market.

In Western Canadian markets, the price of No. 2 grade coarse green lentils remains stable between 27.00 and 27.50 cents per pound, while No. 1 quality is reported to be 31 cents per pound.

Meanwhile, lentil cultivation in India is expected to pick up soon. The government has significantly increased its minimum support price, which may boost farmers' enthusiasm.