Barley markets remain steady with indications ranging from $4.25 to $4.50 per bushel FOB farm, depending on location and shipping timeframe. A few buyers are still willing to take on some prompt shipments, but that window is slowly closing and is reflected in slightly lower values. Most feed barley movement is being deferred for fall/winter shipping with a small carry in value seen for those willing to hold until 2026. Significant price rallies in the feed market seem unlikely in the near term, given the strong yields being reported across the Prairies and the additional volume of barley originally destined for malt that no longer meets spec due to harvest-season rains. On the malt side, activity remains subdued. Maltsters appear comfortable with their current positions but are open to offers. If you have grade information, specs, and a target price, it may be worth presenting your offer to see if a deal can be made.

Flax pricing is currently indicated around $17.00-$17.50 per bushel FOB farm, varying slightly by region and shipping window. Although prices have softened somewhat compared to recent weeks, demand seems to have held, and this pullback likely reflects better-than-expected yield estimates across much of the Prairies. As more producers get into their flax fields and actual tonnage becomes clear, the market is expected to stabilize further. Overall supply does not look as tight as previously thought, making a sharp near-term price rally unlikely. Even so, current values represent a solid opportunity for those looking to secure some sales.

Yield reports indicate that Canada, the United States, and Russia will all see increased pea supplies this year. With the current trade restrictions in place with China, our pea market is likely to remain under pressure for some time. Even if restrictions ease, Russia is expected to continue supplying a significant portion of China’s needs, which will keep Canadian prices subdued. Yellow peas are currently priced at $6.40 to $6.75 per bushel picked up, while green peas are trading around $9.50 to $10.00 per bushel picked up, based on a maximum bleach level of 3 percent. Maple peas are moving at $9.00 to $9.50 per bushel picked up, depending on variety and shipping window. Prices seem to have stabilized after earlier declines, but any meaningful rally in the near future appears unlikely given the supply situation and ongoing market restrictions.

Black and pinto beans are entering this marketing year with heavy supplies, largely due to significant U.S. carryover. Mexico is also reporting increased seeded acres, which will reduce their demand for Canadian and U.S. beans. As a result, black and pinto bean pricing is expected to stay soft. In contrast, white beans and other specialty classes may see some support, as yields in Alberta and other growing regions have been less than ideal and carryover supplies are lower. For specific picked-up bids and movement timelines, it’s best to consult your merchant with your variety and grading details.

Mustard prices are holding steady for another week. With yield estimates trending higher and a sizable carryover from last year, total supplies could reach their highest levels since the 2005/06 season. Favorable weather over the coming week should allow harvest progress to pick up momentum, and analysts are not anticipating significant quality issues. In July, mustard imports into the EU increased, with most of the tonnage coming from Canada and Russia. This trend may shift once Ukraine’s harvest is completed and enters the market. Oriental mustard remains the strongest performer, with values ranging from 42 to 44 cents per pound picked up, with the higher end of that range extending into 2026. Brown and yellow mustard also have pricing options available, so contacting your Rayglen merchant is recommended for specific details.

Saskatchewan oat harvest is moving forward but remains behind the usual pace for this time of year. As of mid-September, about 52 percent of the provincial crop had been harvested, compared to the five-year average of 70 to 75 percent. Regional variation is notable, with the southwest leading at roughly 66 percent, while northern areas are progressing more slowly. Yields have generally been reported as decent, largely dependent on how evenly each region received rainfall during the growing season. On the marketing side, oat prices are under pressure due to ongoing harvest activity. Current bids sit around $3.65 per bushel delivered in central Saskatchewan. For spring 2026 movement, there are price indications near $4.25 per bushel delivered. Producers with specific price or movement targets are encouraged to contact their Rayglen merchant to explore available options.

In significant Canadian wheat news, Bangladesh and Indonesia have announced plans to increase wheat purchases from the United States over the next five years. Indonesia is Canada’s largest wheat customer, with Bangladesh ranking seventh, so the move has raised concerns about potential impacts on local wheat pricing. While the announcement is fresh, much depends on which wheat classes these countries ultimately source from the U.S., with hopes that Canadian hard red spring wheat will still capture a meaningful share of their import needs. Wheat market participants will be watching this development closely in the coming weeks. Locally, CWRS 13.5 protein is priced at $6.90 per bushel delivered Western Saskatchewan, with carry pushing values up to $7.40 per bushel delivered for June–July 2026 shipping. CPSR 11.5 protein is indicated at $5.85–5.95 per bushel delivered plant for September–December shipping. Durum bids remain sparse, though buyer interest persists depending on quality, so contacting your merchant for current pricing is recommended. Feed wheat is trading around $6.00 per bushel FOB farm, with stronger values seen further west toward feedlot alley, where bids into Lethbridge are posted at $6.50–6.65 per bushel delivered for later fall shipping. For other wheat classes, producers are encouraged to reach out directly to their merchant.

Chickpea markets are trading steadily this week at CAD $0.30–0.31 per pound FOB farm for #2 Large Kabuli with mixed sizing. Producers are continuing to inquire about desiccation practices, including which chemicals are acceptable and which could restrict marketability. Depending on the buyer, glyphosate use may be acceptable when disclosed, though some buyers will not accept these bushels at all. Some growers have suggested straight-cutting and drying their crops, though this approach carries its own risks. Uncertainty remains around final production outcomes, making it a good time to assess options if harvested chickpeas show quality issues. Low grade markets are currently paying around $0.25 per pound FOB for #3 quality, with product containing a higher green count fetching about $0.15 per pound for up to 15%. Pet food markets, which accept lower-quality product, are indicated at $0.11–0.12 per pound. As quality reports continue to arrive, more clarity will develop, but for now it appears there is a solid chickpea crop and no shortage of supply.

Lentil markets remain steady this week, with a slight uptick in large green lentil pricing. Buyers are now offering up to 27 cents per pound FOB farm for #2 spec with an October–November shipping window. This level has not been enough to prompt significant farm sales, and movement has been sporadic at best. Red lentils continue to hold at 23.5 cents delivered, and grower offers slightly above that level have not attracted buyer interest. Small green lentils remain the quietest segment of the market, as buyers focus on cleaning up their pre-bought contracts, though bids remain in the $0.21/lb range. Specialty lentils are showing similar trends, with French greens seeing offers around 22 cents FOB farm. Beluga lentils have reached as high as 40 cents. Overall, the market is expected to remain flat as buyers work toward a clearer picture of available grades and volumes.

Canaryseed prices have been holding steady following a sharp decline over the past month. Harvest is underway in some areas, and early samples appear to be of good quality. Yields are looking solid so far, though more reports will come in as the delayed harvest continues. Many growers are expected to hold canaryseed longer term at current price levels, though bids may not see much of an uptick based on a large carry-in from last year. Bids remain near the 20-cent-per-pound mark, and producers with offers are encouraged to get in touch.

Canola futures opened stronger Wednesday morning after two days of declines in the November contract to start the week. However, by midday, those early gains had faded, and November now sits slightly in the red at $617 per metric tonne—about $12/mt lower than this time last week. Talks last week aimed at resolving trade issues with a key Asian market have not advanced as quickly as many had hoped, though such negotiations rarely move as fast as desired. On the harvest front, progress remains behind both the five- and ten-year averages. Reports from across the Prairies describe slow-going conditions, with heavy dew, fog, scattered showers, and regrowth all contributing to delays. As combines remain parked in many areas, the trade continues to wait for a clearer picture of yield potential.

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.