Reading Time: < 1 minute Lentil prices held firm over the last week across Western Canada, according to Prairie Ag Hotwire.
Pulse weekly outlook: Lentils remain steady for now
Eston lentils the sole outlier, nudging up a penny per pound
India looking at large lentil crop, but pulses down overall
Delayed onset of northeast monsoon slowed harvests, shortened planting window
Reading Time: 2 minutes India may be looking at a record large red lentil crop in 2023/24, although poor monsoon rains are expected to cut into total pulse area and production, according to reports out of the country.
Pulse weekly outlook: AAFC forecasts larger dry pea, lentil crops
Dry pea prices have seen gains over the week; lentils steady to higher
Reading Time: 2 minutes Agriculture and Agri-Food Canada forecasted increases in the production of dry peas and lentils for the 2024/25 crop year compared to those in 2023/24. AAFC issued its first supply and demand report for the calendar year on Jan. 22, which included the department’s preliminary estimates for the coming crop year. The data was not based on farmer surveys or satellite models.
Pulse weekly outlook: Pulse Canada looking for success in 2024
Despite a smaller crop last year, lentil demand remained strong, especially from India
Reading Time: 2 minutes Greg Northey, vice-president of corporate affairs said crop production bounced back in spite of challenging growing conditions in some areas. Chickpeas and edible beans saw increased production in 2023-24 compared to the previous year, while lentil and dry pea production declined.
Most lentil prices at year highs as 2023 closes
Little movement among Western lentils as New Year dawns
Reading Time: < 1 minute With the New Year, there was scarce price movement among the lentils in Western Canada, according to Prairie Ag Hotwire. A number of lentil varieties saw the upper end of their price range hit highs as 2023 drew to a close.
Tight Canadian lentil carryout expected
Tightest lentil stocks since July 2010 forecasted
Reading Time: < 1 minute Canadian lentil stocks are forecast to be extremely tight by the close of the 2023/24 marketing year, which should keep prices well supported despite expectations for a smaller export program.
AAFC raises canola, wheat ending stocks forecasts
Pea, barley carryout estimates raised, lentils cut in half
Reading Time: < 1 minute Glacier FarmMedia – Canadian canola and wheat carryout for the 2023/24 marketing year will likely end up above earlier projections, according to the latest Outlook for Principal Field Crops from Agriculture and Agri-Food Canada (AAFC) released Dec. 15.
Pulse weekly outlook: Green lentils show strength, reds lag
Green lentil sales limited as farmers bullish
Reading Time: 2 minutes MarketsFarm — Green lentil bids in Western Canada are trading at their highest levels of the past year, with solid new-crop pricing opportunities already becoming available. Spot bids for large green lentils can currently be found in the 60 to 72 cents/lb. area, according to Prairie Ag Hotwire data, with new-crop contracts hitting 50 cents […] Read more
Pulse weekly outlook: Pea exports solid so far, lentils down on year
Reading Time: 2 minutes MarketsFarm — Canadian pea exports are running at a solid pace through the first two months of the 2023-24 marketing year, despite smaller production, as exports of newly-harvested supplies in September nearly quadrupled what moved the previous month. Canada exported 440,085 tonnes of peas in September, up from only 99,645 tonnes the previous month, according […] Read more
Pulse weekly outlook: Lentils shift in narrow range
Farmers seen sitting on product for now
Reading Time: < 1 minute 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
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