GFM Network News


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

Red lentils. (Photo courtesy U.S. Dry Pea and Lentil Council)

Lack of buyer interest leaves lentil market without pulse

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