Lentil prices in Canada remain low with limited trading

27-Sep-2025 10:43 AM

Regina. Lentils are experiencing limited trading in Western Canadian markets as buyers are showing little interest due to weak export demand.

Harvesting of the new crop is nearly complete, but a clear picture of the available grades of each crop remains unclear. Buyers are awaiting relevant data.

Demand for Canadian lentils is currently weak in major markets such as India, Turkey, and the United Arab Emirates, while new shipments are arriving in Russia and the United States.

Canada's most challenging and fierce competition in the global lentil export market will come from Australia, where production of this important pulse is projected to jump approximately 34 percent compared to last year, reaching a peak of 1.7 million tons.

Sporadic arrivals of new lentils have begun in Australia, with the pace expected to pick up next month. This could result in a sharp increase in global lentil supply and availability, potentially putting pressure on prices.

In Canadian markets, the price of No. 2 grade coarse green lentils has fallen to a low of 27 cents per pound FOB farm, causing significant concern among producers and preventing them from receiving adequate incentives to sell their produce.

Similarly, the price of red lentils has fallen to 23.5 cents per pound, and the price of small green lentils has fallen to 21 cents per pound.

Buyers are currently busy clearing previously purchased stocks. Producers are waiting for the market to pick up, but given the current situation, a significant increase in prices seems unlikely.