Pulse Weekly: Most lentil prices lower as focus changes to new crop

Glacier FarmMedia | MarketsFarm — Lentil prices on the Canadian Prairies eased back during the week ended July 28, said Levon Sargsyan, broker with Johnston’s Grain. Sargsyan noted that’s due to the recent rains that brought relief to some of the dry areas of the region.

“Although not as impactful compared to May/June rains, the crop is shaping up to be closer to average than expected,” he said.

Last week, Agriculture and Agri-Food Canada raised its estimate on the 2025/26 lentil crop by 125,000 tonnes from its June call to now 2.45 million. In using Statistics Canada data, the five-year average for lentil production is about 2.20 million tonnes.

Sargsyan also said the market has been turning its focus largely toward the new crop.

Prairie Ag Hotwire reported Western Canadian lentil prices were steady for old crop. Depending on the size, the Lairds were 25 to 50 cents per pound delivered and the Estons were at 21.5 to 38 cents/lb.

Also, the Richleas stood at 13.5 to 34 cents/lb, while the Crimsons remained at 18 to 30 cents/lb. and the French greens held at 32.5 to 35 cents/lb.

For new crop lentils, there were declines for the most part. The Lairds dipped two cents on the low end at 35 to 45 cents/lb. delivered. The Estons gave up also gave up two cents, but on its low and high ends, at 30 to 31 cents/lb.

New crop Richleas pulled back a half cent to three cents at 30 to 33.5 cents/lb, but the Crimsons added a penny at 27 to 29 cents/lb.