Reading Time: < 1 minute 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
Tight lentil market watching weather
Strong new-crop prices could entice more pea, lentil area
Reading Time: 2 minutes CNS Canada — Stronger prices for new-crop lentils and peas over the past few weeks could lead to an increase in Canadian acreage compared to the Statistics Canada estimates released last week. “You have to look at the timing of when the survey was done for the StatsCan report. Of course there’s a bit of […] Read more
Record Prairie lentil area likely
Reading Time: 2 minutes CNS Canada –– Canadian lentil acres are expected to rise considerably this spring, with most of the increase in red lentils, according to industry participants. While the acres are going up, the opposite is likely in prices. “Everybody is looking for an increase (in lentil acres),” said Darren Lemieux of Simpson Seeds at Moose Jaw, […] Read more
Red varieties driving lentil acreage increase
Reading Time: 2 minutes 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
Low stocks-to-use ratio to keep pea bids well supported
Reading Time: 2 minutes Winnipeg | CNS Canada — Canadian pea exports have been running at a very solid pace during the 2014-15 crop year to date, but supplies are seen to be running out and the market will need to work to ration demand over the later portion of the marketing year. Canadian peas have been leaving the […] Read more
Double-cropping project aims to cut Indian lentil imports
Reading Time: < 1 minute Researchers on a project in India and Bangladesh say they hope it will greatly reduce their lentil imports. Farmers in the project are growing lentils in fields left fallow after rice harvests, with the help of a research and training project by the International Center for Agricultural Research in the Dry Areas (ICARDA). In a […] Read more
BASF moves Clearfield system to open-ended agreements
Reading Time: 2 minutes Farmers wanting to grow Clearfield canola, wheat, sunflowers or lentils will now only need to sign one agreement to use the herbicide-tolerant crop system, rather than sign up every year or every few years. BASF, developer of the Clearfield Production System, on Monday announced a new “evergreen,” or open-ended, version of its Clearfield Commitment, available […] Read more
Better-than-expected lentil crop faces market volatility
Reading Time: 2 minutes CNS Canada –– Despite a summer of excess moisture across much of the Prairies, lentils fared better than earlier expectations, according to Bobby Leavins, operations manager for Rayglen Commodities in Saskatoon. However, the crop’s grade spread is still very wide and prices are expected to be wide-ranging over the winter. “With all the moisture a […] Read more
Unknowns keep lentil bids strong
Reading Time: 2 minutes CNS Canada — Lentil bids in Western Canada continue to show strength, but with the size and quality of this year’s crop still very much unknown, the highs may be in for the time being. “I don’t think there is anyone who really knows exactly what’s out there,” said David Newman of Victoria-area pulse trading […] Read more
Lentil prices rise with Prairie rains, Asian demand
Reading Time: 2 minutes CNS Canada — A lentil watcher says Canadian prices for the crop are surging higher right now, in response to frequent Prairie rains and international demand. “It’s more than your usual slow rally, it (the market) spiked higher; especially the greens, which are shooting up right now,” said Chuck Penner of LeftField Commodity Research in […] Read more
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