Lentils Price Trend and Forecast 2026-2027

India remained by far the priciest Lentils market tracked, though it eased just above 2.4% in Q2 2026, to near USD 810.00/MT from about USD 830.00/MT in Q1, as global oversupply expectations worked through import costs. The global average moved from close to USD 659.00/MT down to about USD 640.00/MT over the same quarter, a decline of just above 2.9%. As the data shows, global lentil production is expected to increase by roughly twenty-three percent this year, driven by expansion in Canada, Australia, and the Black Sea region, and the global average is likely to run in the USD 615 to 670/MT range through the second half of the year as the market continues digesting that anticipated surge in supply.

Lentils are a dried pulse crop grown primarily in temperate climates, valued for their protein content and used across food, feed, and processing applications worldwide. Canada dominates global production and exports, with Australia and the Black Sea region representing significant additional supply, while India stands as the largest single consuming market, importing heavily to meet its substantial domestic dal-market demand. Because lentils are a globally traded row crop, planted area decisions in the major exporting regions, growing-season weather, and the balance between exporter supply and importer demand in markets like India and Turkey are what really move the price from quarter to quarter.

Lentils Price Forecast for 2026

The market still has to work through expectations of a substantially larger 2026 global harvest, led by expanding planted area across Canada, Australia, and the Black Sea region, which points toward continued softness through H2 2026. Steady demand from India and other major importing markets should provide some support regardless.

A weather setback during any major growing region's harvest window, which would reduce the expected crop and tighten supply faster than the market currently anticipates, could be what pushes prices back above this range. Should the expanded planted area translate into an even larger harvest than currently forecast, that could be what eases prices further below it instead.

For the Quarter Ending June 2026

Lentils Prices Q2 2026:

• India: USD 810.00/MT
• Turkey: USD 680.00/MT
• Canada: USD 545.00/MT
• Australia: USD 525.00/MT

Lentils Prices in India

India stayed the priciest market by a wide margin, though the price eased from about USD 830.00/MT to near USD 810.00/MT, a decline of just above 2.4%. It was global oversupply expectations lowering import costs, together with steady domestic dal-market demand, that gave the market room to ease.

Why did the price of Lentils change in Q2 2026 in India?

India relies heavily on imports to meet its substantial domestic lentil consumption, and it is this import dependence that makes Indian pricing sensitive to the same global oversupply expectations pressuring exporter prices lower, even as steady domestic demand keeps the Indian benchmark well above the export-origin markets tracked here.

Lentils Prices in Turkey

The Turkish price eased from about USD 700.00/MT to near USD 680.00/MT, a decline of just above 2.9%. It was continued softening in global benchmarks, together with steady domestic processing demand, that gave the market room to ease.

Why did the price of Lentils change in Q2 2026 in Turkey?

Turkey imports a meaningful share of the lentils it processes and consumes, and it is this dependence that lets the softening global benchmark, driven by expanded Canadian and Australian planting, pass through fairly directly to Turkish pricing.

Lentils Prices in Canada

The Canadian price eased from about USD 560.00/MT to near USD 545.00/MT, a decline of just above 2.7%. It was continued expansion in planted area for the current crop, together with expectations of a substantially larger 2026 harvest, that gave the market room to ease.

Why did the price of Lentils change in Q2 2026 in Canada?

Global lentil production is expected to increase by roughly twenty-three percent this year, with Canada leading that expansion alongside Australia and the Black Sea region, and it is this anticipated surge in available supply that has kept Canadian pricing on a steady downward path even as export volumes have stayed roughly in line with the prior year.

Lentils Prices in Australia

The Australian price eased from about USD 545.00/MT to near USD 525.00/MT, a decline of just above 3.7%. It was favourable growing-season rainfall supporting a strong red lentil crop, together with the broader global oversupply outlook, that gave the market room to ease.

Why did the price of Lentils change in Q2 2026 in Australia?

Australia has received favourable rainfall this season, which is expected to support strong red lentil production, and it is this positive supply outlook, combined with the same global oversupply expectations pressuring Canadian prices, that has kept Australian pricing on a steady downward path.

For the Quarter Ending March 2026

Lentils Prices Q1 2026:

• India: USD 830.00/MT
• Turkey: USD 700.00/MT
• Canada: USD 560.00/MT
• Australia: USD 545.00/MT

Lentils Prices in India

The price eased to close to USD 830.00/MT in Q1 2026, a decline of just above 2.4% from Q4 2025. It was softening global benchmarks, tied to expanded planting intentions in major exporting regions, that fed through to import costs.

Why did the price of Lentils change in Q1 2026 in India?

Global lentil production is expected to increase by roughly twenty-three percent this year, driven primarily by expansion in Canada, Australia, and the Black Sea region, and it was this build-up in oversupply expectations that pushed import costs lower even before the new crop reached the market.

Lentils Prices in Turkey

The price eased to close to USD 700.00/MT in Q1 2026, a decline of just above 2.8% from Q4 2025. It was softening global benchmarks, tied to expanded planting intentions, that fed through to import costs.

Why did the price of Lentils change in Q1 2026 in Turkey?

The same global oversupply expectations pressuring prices lower across every market tracked here reached Turkish import costs as well, and it was this softening, meeting steady domestic processing demand, that defined the quarter.

Lentils Prices in Canada

The price eased to close to USD 560.00/MT in Q1 2026, a decline of just above 3.4% from Q4 2025. It was early signs of expanded planting intentions, together with cautious early-season bidding from buyers, that weighed on the market.

Why did the price of Lentils change in Q1 2026 in Canada?

Buyers were not offering aggressive bids for new-crop supply, and it was this cautious early-season positioning, combined with growing signals of expanded Canadian, Australian, and Black Sea planted area, that pressured Canadian prices lower ahead of the harvest.

Lentils Prices in Australia

The price eased to close to USD 545.00/MT in Q1 2026, a decline of just above 2.7% from Q4 2025. It was growing expectations of strong Australian red lentil production, together with the broader global supply outlook, that weighed on the market.

Why did the price of Lentils change in Q1 2026 in Australia?

Red lentil production is expected to outperform green lentil production this year, and it was this favourable outlook for Australia's dominant lentil variety, combined with the broader global oversupply expectations, that pressured prices lower through the quarter.

Quarterly Lentils Price Trends

This market eased in every single quarter over the six tracked here. Close to USD 720.00/MT in Q1 2025 slid to about USD 700.00/MT, near USD 685.00/MT, and close to USD 678.00/MT by Q4, before continuing lower to about USD 659.00/MT in Q1 2026 and near USD 640.00/MT in Q2. That is a decline of roughly 11.1% across the window, with expanding planted area across the major exporting regions driving nearly every step lower.

What was Lentils Price in 2025?

It was growing concern about oversupply heading into the 2026 season, driven by expanding planted area across Canada, Australia, and the Black Sea region, that pressured this market lower through 2025, well before the new crop reached the market. The global average opened near USD 720.00/MT in Q1 and eased to close to USD 678.00/MT by Q4, a decline of just above 5.8% for the year, with every quarter posting a decline.

Lentils Prices in India in 2025

The Indian price eased from about USD 900.00/MT in Q1 2025 to near USD 850.00/MT by Q4, a decline of just above 5.6% for the year. It was steady domestic dal-market demand that kept a floor under this market, even as expectations of a much larger 2026 global crop began weighing on import costs well before the season's end.

Lentils Prices in Turkey in 2025

The Turkish price eased from about USD 765.00/MT in Q1 2025 to near USD 720.00/MT by Q4, a decline of just above 5.9% for the year. It was steady domestic processing and consumption demand that kept the market from softening further, even as the broader global benchmark began reflecting expectations of a larger 2026 harvest.

Lentils Prices in Canada in 2025

The Canadian price eased from about USD 620.00/MT in Q1 2025 to near USD 580.00/MT by Q4, a decline of just above 6.5% for the year. It was growing concern about oversupply heading into the 2026 season, driven by expanding planted area across Canada and other major producing regions, that pressured prices lower through most of the year.

Lentils Prices in Australia in 2025

The Australian price eased from about USD 595.00/MT in Q1 2025 to near USD 560.00/MT by Q4, a decline of just above 5.9% for the year. It was growing expectations of a strong 2026 harvest, supported by favourable rainfall, that pressured prices lower through most of the year.

How We Can Help

Expert Market Research: Your Source for Real-Time Lentils Price Intelligence

Lentil pricing is fundamentally a planted-area and harvest-outlook story first, given how concentrated global production is among Canada, Australia, and the Black Sea region. Expert Market Research tracks planted area and production forecasts closely across the major producing regions, alongside growing-season weather and import demand cycles in India and Turkey across the four markets covered here. This is combined with trade flow data to build the forecasts. Should the Lentils pricing data or procurement strategy support be needed, the team is ready to help.