Reading Time: 2 minutes CNS Canada — Heading into the New Year, Canadian lentil markets will be quiet, according to an analyst. “It’s not exactly what farmers expected. They have had three years of very brisk intake and it will take a little bit of an adjustment to realize that the market is not coming to them as readily […] Read more
Lentil market quiet heading into new year
Declining lentil prices should level off, improve
Reading Time: 3 minutes CNS Canada — Red lentil growers, who have seen prices cut in half during the past year and a half, may finally be able to find solace in what some analysts call a brighter outlook for the remainder of 2017. “I personally am optimistic that we will see higher prices. Some other people will dispute […] Read more
India keeps Canadian lentil market at standstill
Reading Time: 2 minutes 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
Lack of buyer interest leaves lentil market without pulse
Reading Time: < 1 minute CNS Canada — Lentil buyers are keeping to the sidelines as mixed weather reports from India bring an element of turbulence into the market. Crop conditions in India are generally favourable, keeping Canada’s old- and new-crop lentil markets quiet, said Bobby Leavins of Rayglen Commodities in Saskatoon. New-crop buyers are showing little interest until India’s […] Read more
StatsCan lentil numbers confirm trade suspicions
Reading Time: < 1 minute CNS Canada — New Statistics Canada data has confirmed what traders already assumed: Lentil supplies aren’t lacking, despite excess moisture this year. Prices for the pulse had been trending lower with those suspicions, and buyers are looking to India for indications on where to move in the New Year. StatsCan estimates released Tuesday say farmers […] Read more
Unpredictable lentil crops could unsettle market
Reading Time: 2 minutes 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
Wet weather threatens lentils, durum
Reading Time: < 1 minute CNS Canada — Wet weather across the Prairies has put a damper on the region’s crop prospects, according to one weather specialist. While drying events in coming weeks will limit further quality declines, it’s not expected to do so as much as some producers would like. “It’s really quite wet in some locations, and it’s […] Read more
Abandonment of some lentil acres likely
Reading Time: < 1 minute CNS Canada — As thunderstorms and wet weather continue across Saskatchewan, so grows the number of lentil fields being put at risk of yield loss and potential abandonment. “Certainly in that west-central part of the province, Rosetown and other significant lentil-growing regions, we have seen some problems and crop failures due to too much moisture,” […] Read more
Wet weather threatens record lentil crops
Reading Time: < 1 minute CNS Canada — An increase in Canadian lentil acreage this year comes as a blessing in disguise as wet conditions threaten some crops, worrying producers. Farmers in parts of the Prairies increased lentil seedings by 48 per cent, covering a record 5.8 million acres this year, according to Statistics Canada. While the increase in lentils […] Read more
Lentils move lower as production anticipation grows
Reading Time: < 1 minute 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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