By Trent Klarenbach, BSA AgEc, PAg · Klarenbach Research, Saskatoon, Saskatchewan
Saskatchewan yellow and green pea prices move with export demand, how much growers seed, and available supply, including carry-in stocks. The Klarenbach Price Index for each class is a continuous Saskatchewan series spanning more than 35 years. Public notes lead with a dated Index level so the date stays attached to the number.
What drives yellow and green pea prices
The yellow pea crop page describes yellow peas as one of the largest pulse crops on the Prairies, with price turns tied to export demand and how much growers seed. The green pea crop page places green peas alongside yellow peas and ties their price to export demand, supply and long-run chart support. Those pages collect dated Special Crops Report notes on the Index for each class. Chart reads, targets and sell signals stay on the subscriber Premium Chart Dashboard.
Official outlooks point to the same demand and supply drivers at a national level. Agriculture and Agri-Food Canada's Outlook for Principal Field Crops, dated Oct. 20, 2026, estimates Canadian dry-pea production in 2026-27 at 3.26 million tonnes, down nearly 0.7 million tonnes, mostly because of lower yields and area in Western Canada. Alberta and Saskatchewan are expected to account for 3.1 million tonnes of that production. Exports are forecast at 2.7 million tonnes, with China, the United States and India expected to be Canada's top three markets. The same outlook says that during September, Saskatchewan yellow and green pea farm-gate prices rose $15 per tonne and $5 per tonne, respectively, and that green dry pea prices were then at a $25 per tonne premium to yellow dry peas.
Statistics Canada's March 5, 2026, release on principal field crop areas for 2026 reported that farmers expected seeded area of dry peas to fall 12.3 percent from 2025 to 3.1 million acres nationally, and to fall 16.6 percent to 1.5 million acres in Saskatchewan. That was an intentions release, not a final planted-area figure. Saskatchewan's Dashboard states that the province plants over 50 percent of Canada's field pea acres, and that yellow peas have a milder, more neutral flavour than green peas, with both used in the food and feed industries.
How to read the Klarenbach pea price index
The Klarenbach Price Index methodology on klarenbach.ca and the Special Crops Report methodology note describe a continuous Saskatchewan series used to read support, resistance, moving averages and Fibonacci levels across decades. Units match producer trading: dollars per bushel for peas. Every public note leads with the Index level tested on a specific date. A level from October is not the same observation as the same number from March.
The last public levels on the crop pages, each dated 20 Oct 2026, were $9.50/bu for Saskatchewan yellow peas and $9.25/bu for Saskatchewan green peas, shown on the chart in the Klarenbach Special Crops Premium Dashboard. Those figures are dated Index levels, not current cash bids and not offers to buy or sell. Confirm current bids with your buyers. For citation practice that applies across special crops, see Saskatchewan Special-Crop Price History: A Citation Guide.
Units and the bushel-to-pound conversion
Peas are quoted in dollars per bushel ($/bu). Lentils, kabuli chickpeas, canaryseed and mustard are quoted in cents per pound. Agriculture and Agri-Food Canada's bulletin Weights and conversion factors for Canadian agricultural products lists a statutory weight of 60 pounds per bushel for peas. To express a dollars-per-bushel price in dollars per pound, divide by 60. Confirm the weight your contract uses; a buyer may settle on a different test weight or on deductions for dockage and moisture.
Official sources to use alongside the Index
The official series below are not the Klarenbach Price Index. Use them for government cash prices, supply and demand, planted area, and grade standards:
Agriculture and Agri-Food Canada, Outlook for Principal Field Crops, for national production, exports, stocks and average crop-year prices.
Statistics Canada, Principal field crop areas, 2026, for seeded-area intentions, with later area and production releases in the same StatCan crop series.
The Canadian Grain Commission Official Grain Grading Guide chapter on peas and Grain Statistics Weekly.
Pulse Canada, the national pulse-industry association.
Frequently asked questions
What drives Saskatchewan yellow and green pea prices?
Public crop notes and official outlooks point to export demand, how much growers seed, and supply, including carry-in stocks. Agriculture and Agri-Food Canada's Oct. 20, 2026, Outlook for Principal Field Crops names China, the United States and India as Canada's expected top three dry-pea export markets in 2026-27. Technical levels on the Klarenbach Price Index are a separate chart read; they are not cash bids.
How do I read the Klarenbach pea price index?
The Klarenbach Price Index for yellow peas and for green peas is a continuous Saskatchewan series spanning more than 35 years. Public notes lead with a dated Index level. The date is part of the level. Full chart walkthroughs, targets and sell signals are for paid subscribers in the Klarenbach Special Crops Premium Dashboard. The Index is not an elevator bid sheet.
What units are Saskatchewan pea prices quoted in?
Peas are quoted in dollars per bushel ($/bu), unlike lentils, which are quoted in cents per pound. Agriculture and Agri-Food Canada lists a statutory weight of 60 pounds per bushel for peas, so a dollars-per-bushel price divides by 60 to express dollars per pound. Confirm the weight your contract uses.
Where can I find official pea supply and cash-price data?
For weekly Saskatchewan Field Peas 1CAN prices in dollars per bushel, use Saskatchewan's Dashboard. For national supply, demand and average crop-year prices, use Agriculture and Agri-Food Canada's Outlook for Principal Field Crops. Statistics Canada publishes seeded-area estimates, and the Canadian Grain Commission publishes pea grading standards. Pulse Canada is the national pulse-industry association. These official series are not the Klarenbach Price Index.
Is the Klarenbach pea price index a cash bid?
No. It is not an elevator bid sheet, a futures price or investment advice. A dated Index level is not an offer to buy or sell grain. Confirm current cash bids with your buyers.


