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Lentils

(Lentils.ca)
Crops, Lentils, Markets

Pulse weekly outlook: Lentils up on lower production, stronger demand

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MarketsFarm — As with so many other crops on the Prairies, production of lentils will be lower this year due to the drought. However, MarketsFarm Pro senior analyst Mike Jubinville said the lentil crop likely fared a bit better than cereals or oilseeds. Earlier this year, Statistics Canada projected lentil production to come at about […] Read more
(Lentils.ca)
Crops, Lentils, 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
People queue up outside a public supermarket’s doors in Ciudad Bolivar, Venezuela, in April 2015. (iStock/Getty Images)
Crops, Lentils, Reuters

World Food Programme starts distributing food in Venezuela

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Reuters — The U.N. World Food Programme (WFP) said Wednesday it had begun distributing school meals to children in Venezuela, where some seven million people require humanitarian assistance after years of economic collapse in the once-prosperous OPEC nation. The WFP’s first take-home rations were distributed for children under six years old at some 277 schools […] Read more
Green lentils. (Savany/iStock/Getty Images)
Crops, Lentils, Markets

Pulse weekly outlook: India’s tariff elimination has little effect on Canada

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MarketsFarm — A temporary elimination of some import duties on three pulses currently has little effect on Canada, according to Mac Ross, director of market access and trade policy for Pulse Canada. Earlier in mid-May, the Indian government ordered the suspension of tariffs on pigeon peas, mung beans and urad/black gram lentils until Oct. 31. […] Read more
(Serts/iStock/Getty Images)
Crops, Lentils, Markets

Pulse weekly outlook: India likely in need of more lentils

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MarketsFarm — A recent webinar co-hosted by the India Pulses and Grains Association and Pulse Australia focused on lentil production in the two countries, with tighter Indian supplies likely leading to increased import demand going forward. “The share of Australian lentils in India’s import has been 10 to 15 per cent over the last seven-eight […] Read more
(iStock photo)
Crops, Lentils, Markets

Pulse weekly outlook: Slight increase in lentil acres likely

Increase 'won't be as big as people think'

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MarketsFarm — Lentil acres are likely to increase slightly when farmers take to planting this spring, according to Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. The pulse industry will get a better idea of what will be going into the ground over the coming weeks on April 27, when Statistics Canada releases its […] Read more
(Serts/iStock/Getty Images)
Crops, Lentils, 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
(Serts/iStock/Getty Images)
Crops, Lentils, Markets

Pulse weekly outlook: Turkey’s record-level lentil imports expected to decrease

Country's domestic acreage expected up in 2021

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MarketsFarm — Canadian lentil exports to Turkey reached unprecedented numbers in 2020. According to Statistics Canada data, Turkey imported 534,160 tonnes worth $355 million during the calendar year, making it the second-largest buyer of Canadian lentils behind India. Last year’s total nearly equalled the amount of lentils Canada exported to Turkey over the previous three […] Read more
Harvested Saskatchewan lentils. (Bobloblaw/iStock/Getty Images)
Crops, Lentils, Markets

Pulse weekly outlook: Canada’s lentils face competition

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MarketsFarm — Acreage and production of lentils in Canada are expected to mostly remain the same for the 2021-22 crop year. While strong demand during the COVID-19 pandemic has bolstered prices over the past year, increased production from competing exporters may cut into that buying interest going forward. Elyce Simpson Fraser, senior vice-president of Simpson […] Read more

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