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Lentils. (Seb_ra/iStock/Getty Images)
Crops, Markets

Pulse weekly outlook: Lentils shift in narrow range

Farmers seen sitting on product for now

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MarketsFarm — Price movement for most western Canadian lentils held narrowly rangebound for the week ended Monday. Prairie Ag Hotwire reported most prices remained one cent per pound of unchanged. To Marcos Mosnaim of Export Packers, there were two central reasons for such sparse movement in lentils. “On one side… I will say the lack […] Read more
Lentils. (Seb_ra/iStock/Getty Images)
Crops, Markets

Pulse weekly outlook: Demand nudges lentil prices upward

Rapid rises seen leading to 'pause mode'

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MarketsFarm — There have been some modest upticks in green and red lentil prices recently due to increased demand from India and Turkey, according to Marcos Mosnaim of Export Packers. “We went so fast up in prices that we are getting into a pause mode,” he said. “Buyers have to accept the new prices. So […] Read more
(Lentils.ca)
Crops, Markets

Pulse weekly outlook: Lentil prices seen as too high, sales stalling

'Destination markets are not in desperation mode'

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MarketsFarm — Prices for pulses, such as lentils for example, have been approaching the point where they are good for growers but getting too expensive for the destination markets, according to Marcos Mosnaim of Mercaris Commodities. “It’s a kind of an interesting scenario, where you see farmers not selling and prices to farmers keep going […] Read more
(Serts/iStock/Getty Images)
Crops, Markets

Pulse weekly outlook: Lentil values mainly steady

'There’s no fire in the lentil belly, that’s for sure'

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MarketsFarm — There hasn’t been much change in lentil prices over the last week and at least one marketer expects there likely won’t be any when it comes to the amount of lentils that Canadian farmers plant in 2021. “[Lentil prices] are just softer than what they were. There’s no fire in the lentil belly, […] Read more
Red lentils. (Photo courtesy U.S. Dry Pea and Lentil Council)
Crops, Markets

Pulse weekly outlook: Lentil prices increase

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MarketsFarm — Lentil prices have been increasing over the last week, making gains of one to five cents per pound depending on the type, according to Prairie Ag Hotwire. “There’s a huge demand on everything right now. The lentil market is strong just like the yellow peas,” Allan Johnston, president of Johnston Grains at Welwyn, […] Read more
File photo of lentils being moved into bins in Saskatchewan. (Bobloblaw/iStock/Getty Images)
Crops, Markets

Pulse weekly outlook: Lentil prices hit December lull

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MarketsFarm — After a year that has seen lentil prices climb by between seven and 13 cents/lb., they have stalled and pulled back a little bit, according to Allan Johnston of Johnston Grains at Welwyn, Sask. “The market is not very friendly,” Johnston said, noting dry pea prices have receded as well. “Lentil prices are […] Read more
Green lentils. (Savany/iStock/Getty Images)
Crops, Markets

Pulse weekly: Harvest pressure now hitting lentils

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MarketsFarm — As the harvest begins to ramp up across Canada, lentil prices have begun to feel some of the downward pressure. However, to Marcos Mosnaim of Globeways Canada Inc. at Mississauga, Ont. there’s more to the recent declines. “We are feeling pressure from other origins. As United States green lentils are selling much cheaper […] Read more
Laird lentils. (PulseCanada.com)
Crops, Markets

Lentils move lower as production anticipation grows

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CNS Canada — As negative features continue to mount in Canada’s lentil market, prices are following the tried-and true phrase, ‘What goes up must come down.’ Lentil prices skyrocketed ahead of this year’s growing season, but now the market is starting to trend lower. “This isn’t a disaster; it’s just that gravity is pulling it […] Read more

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