MarketsFarm — As prices for both red and green lentils stay firm, experts have predicted lentil acreage across Canada to increase for the 2019 growing season. Carryover from past crops has been negligible in previous years, and what had been produced was quickly sold throughout the year. “This helps farmers’ confidence,” said Tanvir Zaidi, CEO […] Read more
Tag Archives green lentils — page 3
Pulse weekly outlook: Attractive lentil prices may boost acres
India keeps Canadian lentil market at standstill
CNS Canada — Lentil prices are largely stagnant, one market participant says, as key buyer India sits on the sidelines. And from the outside, stocks appear ample, but new-crop production could shift the dynamic of Canada’s lentil market. Statistics Canada stocks data as of March 31, 2017 pegged lentil supplies at about 1.1 million tonnes, […] Read more
Unpredictable lentil crops could unsettle market
CNS Canada — Lentil producers have been stuck on a roller coaster this season, and the ride isn’t slowing down going into harvest. “It’s been a very hard year to predict because we have record amounts of acres planted, an incredible start to the season, and then of course the well-publicized weather problems leading to […] Read more
Lentil prices just keep rising
CNS Canada — Lentil prices just keep moving up in Western Canada, with no end in sight to the rising market as end users work to book coverage. However, the high prices may prove unsustainable, especially in the long run, as values are already expensive for international buyers and strong new-crop prices should lead to […] Read more
Wide-ranging green lentil quality good for Sask. markets
CNS Canada — Variable weather throughout Saskatchewan’s growing season brought a range of quality and prices to green lentil producers — and that’s a good thing, according to a processor in the province’s south. The final quality of green lentils in Saskatchewan ranges from No. 1 to No. 3, said Colin Young of Midwest Investments, […] Read more
Tight lentil market watching weather
CNS Canada — Old-crop large green lentils saw a jump in price over the past week, but actual supplies are few and far between, with most market participants turning attention to new-crop opportunities and weather uncertainty across Western Canada’s lentil-growing regions. “The trade is very thin right now,” said analyst Chuck Penner of LeftField Commodity […] Read more
Red varieties driving lentil acreage increase
CNS Canada — As Canada’s remaining old-crop lentils shuffle off to buyers overseas, interest is building in the potential for new crop in 2015. Chuck Penner of LeftField Commodity Research in Winnipeg said he expects more acres will be planted this spring as a result of the strong interest. “Oh, there’ll definitely be more; the […] Read more
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