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Lentil and pea bids in Western Canada have softened over the past month, as all agricultural markets react to ongoing global trade uncertainty.

Pea and other pulse plantings in southeast Saskatchewan are progressing at a rapid pace thanks to timely rains in the region.

At this time of year the pulse market is generally quiet, said broker Marcos Mosnaim of Prairie XI. However, he wasn’t entirely sure as to why most pulse prices were currently unchanged across Western Canada.

Pulse Canada says it wants trade policy to be at the forefront of the federal election. The organization that represents pulse growers, traders and processors noted that more than 85 per cent of the pulses produced in Canada are destined for export.

Prices for new crop pulses will largely determine how many acres will be grown this spring, according to Levon Sargsyan of Johnston's Grain in Calgary.

Yellow pea bids in Western Canada are coming under pressure, while green pea prices hold steady.

Duty-free exemptions for pea and lentil imports into India are set to end over the next few weeks, but a recent extension for pigeon pea imports has led to speculation that the peas and lentils Canada ships to the country could also see their duty-free status extended.

As the deadline for the government of India to further extend its tariff-free period for pea imports expired on Feb. 28, there has yet to be any statement regarding levies on the country's future pea imports.

Pulses in Canada had quite the year in 2024 with prices closing out the calendar year in the middle of their trading ranges. Production was higher on the year for most pulses. Dry pea output in Canada rose to just short of three million tonnes, up from the 2.61 million harvested in 2023, according to the Statistics Canada principal field crop report issued Dec. 5.

Marketsfarm – Despite the rain the Canadian Prairies received since July 17, MarketsFarm Pro analyst Mike Jubinville pointed out that the major pulse crop areas got very little.  While any precipitation has been beneficial to this year’s crops struggling with dry conditions, Jubinville said, it won’t help that much.  “In terms of advancing pea and[...]