Barley markets continue to roll along with little change in value over the past month. Old crop is still indicated between $5.25 and $6.00/bu FOB farm, with stronger pricing closer to feedlot alley. As we edge closer to harvest, old crop values are expected to converge with new crop pricing. New crop sits around $5.00/bu FOB farm for September/October movement on a DDC contract—still relatively strong levels to get some tonnage locked in. The malt barley market remains quiet, with no notable bids, but one purchaser has asked to see offers on variety specific old crop. We expected to see some late season demand – could this be the push we’re hoping for? If you have old crop in the bin, call your merchant with specs for more details.

Flax bids remain widespread this week, with indications ranging from $22.00 to $24.50/bu FOB farm depending on location and delivery timeline. With new crop inventories are fast approaching making further price rallies are unlikely, but current values remain supported by tight North American supplies. We suspect, as is usually the case, that old and new crop values will converge at some point in the near future, so it is highly recommended growers clean out remaining supplies. Production contracts can be found around $20.00/bu picked up with an act of God clause, or slightly better in freight advantageous areas. Even with large 2025/26 flax crops forecast in Russia and Kazakhstan, local pricing is expected to hold firm. Demand for yellow flax continues to pop up sporadically—contact Rayglen if you’re looking to move some.

The pea market remains mostly unchanged as we progress into the short week. Yellow pea pricing shows an expected convergence between old and new crop, both now trading between $9.00 and $9.50/bu picked up. Green peas still have some old crop demand for #2 quality (max 3% bleach) at $16.50-17.00/bu delivered, though those opportunities seem to be fading as well. New crop is priced between $13.00 and $13.50/bu picked up and some purchasers have already positioned spot bids at these production contract levels, which is why we are suggesting growers clean out old crop inventories promptly. Maple peas remain stagnant, with both old and new crop values in the $12.00 to $13.00/bu range. China’s 100% tariff continues to suppress market movement.

Chickpeas remain in a holding pattern as the market looks for direction on seeded acres and international demand. Old crop movement is still slow, with buyers cautious about size profiles and mindful that on-farm stocks remain substantial. New crop bids are being shown around $0.34/lb FOB farm with an AOG clause on the first 10 bushels per acre, but this hasn’t been enough to trigger much grower selling. It’s a standoff between buyers and sellers for now. While buyers remain generally bearish across commodities, most of Western Canada has received helpful moisture. Chickpeas, being a smaller-acre crop, often fly under the radar until global demand suddenly kicks in. Know what you have in the bin and the field to be ready for quick shifts in the market.

StatsCan’s latest report pegged Canadian canola acres at 21.46 million for 2025/26, down 189,000 acres from March. Drier conditions and trade uncertainties contributed to this cut, which in turn provided support to canola futures on Friday. The USDA followed up Monday with its own reduction, pegging U.S. canola acres at 2.388 million—down 13% from last year. While vegetable oil markets are mixed, canola is finding strength from renewed Canada-U.S. trade talks and potential inclusion in U.S. biofuel mandates. Local pricing sits around $16.25/bu delivered in northwest Saskatchewan for summer movement, and $15.80–$15.90/bu for fall. East-central Saskatchewan has old crop at $15.70 delivered, with new crop bids closer to $15.35–$15.45. For FOB farm or heated canola pricing, contact your merchant with specs.

The USDA’s Monday report pegged soybean acres at 83.38 million, slightly below March estimates. Stocks were reported at 38 million bushels higher year-over-year, which triggered pressure in the Chicago futures market. Current soybean trades range from $11.50 to $12.00/bu FOB farm. In dry beans, Mexico’s summer harvest is reporting lower-than-expected yields, which could support pricing. Current values range from $0.40 to $0.45/lb delivered, while specialty beans are seeing $0.55/lb and up. Faba bean export demand remains limited. Australia has been exporting aggressively and, with much of their crop now shipped, their market is transitioning to lower new crop values. Farmgate bids for export-quality fabas are around $9.00/bu, with feed-quality closer to $8.00.

The oat market remains quiet. July is here, but end-user demand appears to be satisfied for now, keeping trade activity subdued. #2 CW oats are trading around $4.60/bu delivered to various destinations. There is modest interest in lightweight oats, depending on quality and location, with pricing between $2.75 and $3.50/bu FOB farm. If you’re considering new crop contracts, get in touch with a merchant to explore delivered or FOB options.

Mustard-growing areas continue to receive much needed spotty showers. Another July rain would be beneficial, especially for crops that saw rain at the end of June. Buyer interest remains slow across most mustard types, but small lots are still trading. Yellow mustard remains steady between $0.44 and $0.45/lb FOB farm, with potential for quick pickup. Brown mustard has shown a bit of life, with $0.36/lb targets triggering this week. Oriental mustard has seen mild activity as well with product trading in the high thirty cent per pound range. Growers are encouraged to use firm targets as an effective marketing tool for mustard. New crop is being traded at levels similar to spot bids, so let us know what you’ve got for acres and we’ll work on firm FOB farm, AOG bids.

The canary seed market continues its sideways trend, but showing signs of potentially losing momentum as we move further into summer. New crop bids are currently sitting in the 27 to 28 cents per pound range, picked up on farm with an act of God clause. Crop conditions have improved in recent weeks thanks to scattered rainfall—while not every area was hit, the majority of growing regions received enough moisture to keep things moving in the right direction. StatsCan’s latest report pegs canary seed acres at 319,000 for this year, a 10% increase over last season. While some in the trade feel that number could be even higher, we’re comfortable with that figure based on what we’re seeing. Old crop spot pricing is holding at 30 cents per pound, mostly on a delivered basis, though we’ve seen the occasional farm pickup target trigger around the same level.

There hasn’t been much fanfare in the lentil market over the past couple of weeks, as pricing continues to trend from sideways to slightly lower. Buyer activity has been sporadic—popping in and out of the market only when needed, and for now, that need appears limited. Overseas demand remains stagnant, which has kept a lid on pricing. Old crop large green lentils are trading around $0.41–$0.42/lb FOB farm, while new crop bids hover in the $0.40–$0.41/lb range. Small green lentils have seen old and new crop values merge, with pricing around $0.34–$0.35/lb FOB. Red lentils are holding steady, with old crop bids at $0.28/lb and new crop closer to $0.27/lb FOB farm. All new crop bids include an act of God clause, but if you’re looking for a DDC contract instead, speak with your merchant for details.

Harvest is active in the wheat-growing regions of Texas and Oklahoma, but continued weather challenges across the U.S. are keeping the wheat market firmer than typical for this time of year. Excessive rains are damaging some crops, and in some cases, producers are considering writing them off for insurance. For those acres still standing, quality concerns are building. Domestically, in central Saskatchewan, #2 red spring milling wheat with 13.5% protein is trading around $8.05/bu delivered. Pricing is freight-sensitive, so reach out to your local merchant for a more accurate number based on your farm location. Feed wheat bids also remain competitive in many areas.