Market prices of peas and lentils fell last year due to tariff issues with our two largest customers—China and India.

Saskatchewan Crop Insurance released its prices on Friday.  SaskAgToday.com chief agricultural editor Kevin Hursh compared the new 2026 prices with what was offered last year. (2025 prices are in brackets) Insured prices are set based on a forecast for market prices.

Large green lentils           26 cents a pound    (46 cents)

Red lentils                            24 cents a pound    (31 cents)

Peas                                          $7.67 a bushel          ($10.37)

Canary seed                           20 cents a pound    (32 cents)

Large khabuli chickpeas  23 cents a pound   (34 cents)

Canola                                       $14.06 a bushel       ($13.50)

Hard Red Spring Wheat   $6.92 a bushel         ($7.74)

Durum                                      $7.47  a bushel        ($8.01)

Barley                                        $4.79 a bushel         ($4.68)

Oats                                            $3.01 a bushel         ($3.31)

Saskatchewan Crop Insurance reports over 85 per cent of seeded acres were insured last year.

Individual yield coverage and premium information will be mailed to producers next week.

The deadline for Saskatchewan producers to apply, reinstate, cancel or make changes to their Crop Insurance contract is March 31, 2026. Producers must select their insured crops and coverage levels by this date. For more information or to make changes to their coverage, producers can speak with their local SCIC office. If no action is taken, last year’s coverage continues for 2026.

(Above photo:  Saskatchewan Agriculture Minister David Marit and Saskatchewan Crop Insurance President and CEO Jeff Morrow)