The pea market remains much the same over the past week. Yellow peas continue to trade in the range of $7.00 to $7.35 per bushel picked up, with an opportunity to catch $7.50 per bushel in southeast Saskatchewan if product is glyphosate and glufosinate free. Green peas are priced between $9.50 and $10.00 per bushel picked up for #2 quality with a maximum 3% bleach. Maple peas are indicated in the $9.00 to $11.00 per bushel range picked up, depending on variety. Canada’s biggest hurdle to stronger values continues to be export tariffs. If you have any off-quality peas, be sure to have grading information and photos of the product ready, as that can help speed up the process of securing a firm bid. Looking ahead to 2026 planting, Rayglen has access to a couple of newer pea seed varieties—contact your merchant for more details.

The mustard market has been fairly inactive lately, showing limited trade with most of the crop now in the bin. Growers have been patient sellers, slowly trickling product into the market and this steady sales pace has likely helped prices hold firm for the time being. Current values may encourage some additional acres in the 2026 seeding plans, something worth watching as the season progresses. Yellow mustard continues to trade around 40 cents per pound for quicker movement, with bids up to 45 cents for 2026 delivery. Oriental mustard remains a bright spot in the market, with bids ranging from 41 to 43 cents per pound picked up, depending on the delivery window. Brown mustard holds steady at 33 to 34 cents, with some 2026 bids reaching 35 cents – offers at 36 might draw some interest. Seed sales for 2026 are expected to start soon, so reach out to discuss. Treatment options are available with delivery to your yard included. Also, give us a call if you’d like to talk about submitting an offer on new crop acres, as buyers may start considering bids toward the end of October.

Soybean futures saw increased buying interest overnight, fueled by optimism surrounding a potential trade deal with China. The U.S. soybean harvest is roughly 75% complete, slightly ahead of the five-year average. In Brazil, weather forecasts are calling for delayed rains in the northeastern growing region, which could negatively impact planting and early crop establishment. Long-term soil moisture remains a concern, even in areas that have recently received precipitation. Locally, soybean prices fluctuate between $11.30 and $11.60 per bushel picked up on farm. North America is expected to see a solid supply of black and pinto beans this year. Demand from Mexico is anticipated to pull back to more typical levels due to increased competition from other global bean exporters, which will likely create some downward pressure on black and pinto bean prices. Minor classes, however, are expected to see stronger demand and firmer prices due to tighter supplies. Currently, black and pinto bean bids are sitting around 30¢ per pound, while minor classes are attracting higher bids. On the export side, interest in faba beans remains limited. Farm gate bids are holding around $8.00 per bushel, with feed-quality product fetching closer to $7.00 per bushel FOB farm.

Barley markets roll through another week with values generally unchanged, though there does appear to be a bit more demand showing up on the feed side. Indications are quoted anywhere from $4.35 to $4.75 per bushel FOB farm, depending on freight area and delivery timing. It’s hard to say whether these numbers are backed by some depth in demand or if buyers are simply trying to fill some gaps in supply; either way, these bids are worth considering. The challenge for many continues to be accepting a generally softer market now, compared to the historically strong values seen over the past couple years. Malt barley markets remain quiet and although maltsters may be willing to purchase, they’re not putting out firm bids. Approaching them with grading specs and a target price may be the best way to get something done in that market.

Oat trade remains fairly quiet at the moment, despite a few buyers still willing to make purchases for relatively quick shipment. #2 milling oats are currently quoted at around $3.55 per bushel delivered to plant, with no major price spikes expected in the near term. We can work this back to an on-farm equivalent bid for those that prefer FOB options – contact your merchant with your farm location! Buyers are aware that this year’s harvest puts plenty of oats in the bin, eliminating the need to scramble and increase bids to secure more tonnage. Many have coverage well into 2026 and are comfortable with current dynamics. Locking in some bushels now could be a good way to free up bin space and generate a bit of cash flow, but maybe more importantly, securing a shipping window while the opportunity still exists. Feed oats are indicated in the $2.25 to $2.50 per bushel range FOB farm, depending on quality. As always, reach out anytime to discuss these opportunities further.

Chickpeas held steady last week, with sporadic trades occurring in the $0.30–0.31 per pound range. Some buyers are pricing strictly based on sizing, with 10mm chickpeas seeing bids as high as $0.375 per pound FOB farm and discounts applied from that level for smaller sizes. This has worked in the grower’s favour in some cases, just depending on the mix of sizes, compared to an “across the board sizing” bid. Feed markets have been more active as growers look for outlets for high-green-count production or cleanout consisting of greens, splits, and smalls. We’ve seen bids as low as $0.09 per pound FOB farm and as high as $0.15 per pound. In certain situations, bids have been stronger if the buyer is able to clean feed chickpeas from the good quality. Values vary widely, depending on the cost of separating good product from poor and what is left after the process is complete – contact your merchant for more details. When marketing chickpeas, understanding your quality and sizing profile is key. Running the numbers on cleaning costs versus selling as-is, can make a real difference to the bottom line. For now, the market remains steady with no clear direction either way—steady as she goes.

Flax yields are estimated to be higher than in 2024, suggesting comfortable supplies for the 2025/26 crop year. The U.S. remains Canada’s primary export destination, while China’s imports declined last month due to Kazakhstan and Russia continuing to dominate that market. To put this in perspective, analysts report that China imported 15,600 tonnes of flax in September—15,599 tonnes from Kazakhstan and Russia, and just one tonne from Canada. With more flax acres being grown overseas, prices have softened and are expected to remain steady around $16.50 per bushel picked up through the remainder of the year. There are some small opportunities to capture up to $17.25–$17.50 per bushel FOB for late spring 2026 movement. Canadian flax will likely continue to focus on U.S. markets, and with local U.S. bids also holding steady, prices are expected to remain largely sideways in the near term.

Wheat demand in the global marketplace has picked up, with several countries tendering or purchasing in recent weeks. Canada secured a significant durum sale to Algeria, totaling approximately 300,000 tonnes. Although wheat futures continue to hover near contract lows, this recent demand could inject some short-term life into the market, though large global crop sizes are keeping rallies limited for now. Local wheat prices show CWRS trading around $6.75 per bushel delivered Western Saskatchewan for October–December, and $6.90 for January–March delivery. CPSR delivered to Central Saskatchewan is indicated at $6.50 per bushel for November and $6.58 for December. CWAD is quoted at $7.50 per bushel delivered for March, while SWS is sitting near $6.45 per bushel for spring 2026 shipping. Feed wheat buyers are active, with bids ranging from $5.50 to $6.00 per bushel FOB farm, depending on location and downgrade reason. Stronger values are found as you move west toward feedlot alley. Rye and triticale bids remain limited but are available—reach out to your merchant for an area-specific price.

Lentil markets are once again holding steady, with pricing showing little change from last week. Supply and demand appear to be balanced, as steady farm sales continue to meet current buying interest. Many growers are making incremental sales, taking advantage of small pricing blips as they appear. Looking ahead, the 2025/26 lentil market faces several challenges: Canada’s large harvest has resulted in ample supply, export competition remains strong from other origins, and overseas demand has been slow to pick up. If farm sales continue at their current pace, prices may remain stable, but a surge in farmer selling could pressure values lower as it did at harvest. Most plants still have space for movement before year-end. Current bids show red lentils steady at 22-23 cents per pound delivered, while #2 large green lentils are firm trading between 27 and 28 cents per pound FOB farm. Growers with #1/x2 large greens have seen bids reaching up to 30 cents. Small greens remain quiet, sitting around 21-22 cents per pound FOB farm.

Canola prices have been mostly uneventful so far this week, though some softness in futures continues to show up. January futures currently sit around $630 per metric tonne, down slightly from $634 at this time last week. Cash bids indicate opportunities in the low $13 per bushel range for nearby delivery and into the low $14 range for summer movement. There’s little new to report on the canola tariff front this week, but there is some optimism that progress on resolving the U.S.–China soybean trade spat could have a positive spillover effect for the broader edible oilseed complex. Beyond that, the market remains unpredictable—the only constant right now seems to be volatility.

Canaryseed harvest went fairly well for the 2025/26 growing season, with many producers reporting strong yields across key growing areas. As of the week of October 7th, harvest progress was estimated at 92% complete, with some acres delayed due to wet weather in canary-producing regions. Local prices have reflected the larger harvest, now sitting in the $0.19–$0.195 per pound range FOB farm for nearby and early 2026 movement. With ample supply on hand and demand remaining sluggish compared to past years, expectations are that canaryseed acres may pull back heading into 2026. While acreage decisions don’t need to be made today, buyers are currently offering favourable movement for those looking to move this year’s product before the snow flies.

Rayglen Market Comments are for informational purposes only. Rayglen Commodities and its agents or employees shall not be liable for any loss or damage suffered by any person as a result of reliance on any of the contents contained within these products, whether such loss or damage arises from negligence or misrepresentation or any act or omission of its agents or employees.