Lentils: Stable Masoor Market Holds Range as Greens Soften Slightly

Masoor lentil prices are holding comparatively stable, with the market expected to stay largely range-bound in the near term despite softer sentiment in some other pulses. Lentil trading remains calm even as stronger activity is seen in tur, urad and chana. Import availability continues to underpin supply, while steady domestic consumption is preventing any sharp downside. Canadian FOB levels show mild easing, especially for green types, but the overall tone in masoor is one of sideways consolidation rather than a decisive trend move. With harvest still progressing and ample carryover in key exporters, participants should expect a narrow trading band in the immediate horizon.

Prices

Current quotations confirm a slightly softer, yet overall stable lentil complex. Canadian FOB Ottawa prices stand at:

• Red football lentils (CA, FOB Ottawa): 2.19 EUR (previously 2.22 EUR, update 2026-09-19)
• Laird green lentils (CA, FOB Ottawa): 1.28 EUR (previously 1.32 EUR, update 2026-09-19)
• Eston green lentils (CA, FOB Ottawa): 1.24 EUR (previously 1.28 EUR, update 2026-09-19)

Reds still command a clear premium over greens, in line with recent Canadian market commentary, but the week-on-week adjustments confirm only modest declines consistent with a range-bound environment rather than a sharp sell-off.

Supply & Demand

Masoor supply remains well covered by ongoing imports, which are cushioning the market from any abrupt tightening. At the same time, domestic consumption is sufficiently robust to absorb available volumes and is effectively preventing a larger price correction on the downside.

In Canada, harvest is advancing under mixed weather but with generally adequate availability. Despite an 11% reduction in seeded area this year, carryover stocks are ample, especially in green types, keeping the export pipeline well supplied and limiting any bullish impulse for international prices.

Fundamentals & Weather

Fundamentally, the lentil complex is shaped by two offsetting forces: comfortable global supply from major exporters and steady, but not surging, demand from key buyers such as India and the Middle East. This combination supports the current view that masoor will remain comparatively stable even as some other pulses show stronger price action.

Recent Canadian updates highlight large carryout and only modest production adjustments, leading to slightly softer farm and FOB prices for greens while reds retain a premium. Weather in the Canadian Prairies has been mixed but not severely disruptive, allowing harvest progress and reinforcing the perception of adequate near-term supply rather than a weather-driven rally.

Short-Term Outlook & Trading Ideas

• Price outlook (next few weeks): Masoor is expected to trade in a relatively narrow range, with limited downside as domestic consumption continues to underpin the floor and imports prevent any squeeze.
• Buyers: Consider staggered coverage rather than aggressive forward buying, using current modest dips—especially in green segments—as opportunities while expecting only limited further discounting.
• Sellers: With the market broadly range-bound, scale-in hedging on rallies rather than chasing small intraday moves appears prudent, particularly for suppliers exposed to green lentil softness.

3-Day Directional View

• Canadian FOB reds (Ottawa): Slightly soft to sideways, premium over greens likely to persist.
• Canadian FOB greens (Laird/Eston): Mild downward bias but largely contained within recent ranges.
• Masoor in key consumer markets: Broadly stable with low volatility expected over the next three trading sessions.