Canadian lentil FOB prices in Ottawa edge lower amid strong export demand, mild Prairie weather and ample supplies. Short-term outlook: soft to sideways.
Canadian lentils are moving into mid-November with slightly softer prices despite strong export revenue and steady buyer interest in South Asia and the Middle East. Warm, mostly dry Prairie conditions have supported efficient harvest completion and logistics, leaving the supply chain well-positioned for winter shipments. At the same time, competition from large global supplies and price-sensitive importers is capping rallies, keeping trade in a narrow, slightly declining range. With weather presenting few near-term threats to movement and no major policy shocks in the last few days, lentil values are likely to drift rather than break sharply in either direction through the very short term.
Prices
FOB Ottawa quotations for Canadian lentils show a mild downward correction. Laird green lentils are indicated at EUR 1.18/kg (FOB) versus EUR 1.21/kg previously, while Eston green lentils are at EUR 1.15/kg (FOB), down from EUR 1.19/kg. Red football lentils are quoted at EUR 2.08/kg (FOB), easing from EUR 2.12/kg last week. These moves align with reports that Canadian lentil prices have seen no major swings in early November, trading sideways to slightly lower despite active export business.
| Product | Origin | Location | Delivery terms | Current price (EUR/kg) | Previous price (EUR/kg) |
|---|---|---|---|---|---|
| Lentils dried, Laird Green | Canada | Ottawa | FOB | EUR 1.18/kg | EUR 1.21/kg |
| Lentils dried, Eston Green | Canada | Ottawa | FOB | EUR 1.15/kg | EUR 1.19/kg |
| Lentils dried, Red football | Canada | Ottawa | FOB | EUR 2.08/kg | EUR 2.12/kg |
Supply & Demand
Canada enters the 2026/27 season with strong lentil export performance. From January to September 2026, Canadian lentil export value reached about USD 970 million, up more than 18% year-on-year, with India and Turkey sharply increasing purchases and remaining core demand centres for Canadian origin.
Domestic movement also looks healthy: recent Prairie data show lentil deliveries to country elevators in late October and early November above typical levels, confirming steady farmer selling into the pipeline. At the same time, official Canadian statistics highlight lingering downward pressure from ample global supplies and competition from Australian lentils, which continue to limit upside in farm-gate and wholesale prices.
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Weather & Logistics (Region: Canada)
Weather across the Canadian Prairies remains seasonally mild and mostly dry, a supportive backdrop for final fieldwork and grain movement. Mid-November forecasts point to above-normal temperatures under a persistent ridge pattern, especially in southern Alberta and Saskatchewan, with daytime highs often well above seasonal norms.
While some areas experienced wetter-than-normal conditions in late October, current updates show only about a quarter of the broader Prairie region classified as abnormally dry or in moderate to severe drought, and only a small share of that affecting agricultural zones. With El Niño expected to keep temperatures relatively warm into winter, no immediate weather-related disruptions to lentil storage, transport or loading programs are anticipated in Canada over the next few days.
Fundamentals & Drivers
- Exports solid but not explosive: Recent trade data confirm higher export revenues, driven largely by India and Turkey, yet market commentary notes Canadian lentil prices have remained relatively stable in early November, reflecting balanced but not tight fundamentals.
- Global competition: Statistics Canada and federal outlooks highlight pressure from competing origins, particularly Australia, and carryover from previous crops, which collectively restrain Canadian price appreciation despite robust demand.
- Speculative tone: Prairie-based price trackers describe lentil markets as technically range-bound, with large green prices recently consolidating rather than trending strongly higher, consistent with the current modest softening in Ottawa FOB quotes.
Trading Outlook (Very Short Term)
- Producers: Consider incremental sales on rallies but avoid aggressive selling at current levels unless storage or cash-flow constraints dictate, as export demand from India and Turkey remains constructive even if prices have softened slightly.
- Exporters/packers: Current FOB levels (EUR 1.15–1.18/kg for greens, EUR 2.08/kg for red football, FOB Ottawa) offer competitive pricing into key destinations; locking in nearby sales while keeping some length for potential demand spikes appears prudent.
- Importers/end-users: Short-term procurement can be paced, as no immediate weather or policy shocks suggest a sharp upside break; however, continued strength in South Asian buying argues against excessive delay on Q1 coverage.
3-Day Regional Price Indication (Canada)
- Laird green lentils, FOB Ottawa: Bias slightly soft to steady around current levels over the next three days, given ample supplies and mild weather supporting smooth logistics.
- Eston green lentils, FOB Ottawa: Similar soft-to-sideways tone, with limited evidence of either fresh downside shock or a catalyst for a quick rebound.
- Red football lentils, FOB Ottawa: Expected to hold broadly steady to marginally weaker in the very short term, tracking global red lentil competition and active but price-sensitive import demand.