An expected increase in Canadian lentil and pea exports in 2024/25 is unlikely to result in higher prices, as increased production should cause the stocks-to-use ratios to widen.
Larger stocks limiting price outlook for lentils/peas
Pulse Weekly: Australian chickpea crop sees major expansion
Australia will see its largest chickpea crop in nearly a decade, according to winter crop production estimates released by the Australian Bureau of Agricultural and Resource Economics (ABARES) on Sept. 3. The agency forecasted 1.333 million tonnes of chickpea production over a seeded area of 1.900 million acres for the 2024-25 crop year, 70 per […] Read more
Pulse weekly: Canadian pulse exports slowing
Glacier FarmMedia – Canadian pulse exports are showing signs of slowing down entering the final months of the 2023/24 marketing year, as end users turn their attention to the looming availability of new crop supplies. Canada has exported 1.286 million tonnes of lentils during the crop year-to-date, running about 25 per cent behind the pace […] Read more
Pulse weekly outlook: Mixed price movement for Prairie lentils
Australian supply, pricing pressuring old crop red lentils
In the Prairie Ag Hotwire compilation of prices from across Western Canada, as of Feb. 26, Laird lentils added two cents ranged from 57 to 78 cents/lb. delivered depending on the size.
Green lentils finding support, while reds under pressure
AAFC projects seeded lentil area in the country to be up by 8.0 per cent
Green lentils continue to show solid premiums over their red counterparts, with prices for both old and new crop green lentils well above where they were at this time a year ago.
Pulse weekly outlook: Lentil demand, prices on the rise
Reduced production in India, tariff elimination driving demand
The increasing demand for lentils, especially green lentils, is raising prices while Canadian stocks are also tighter than they were a year ago.
Pulse weekly outlook: Lentils remain steady for now
Eston lentils the sole outlier, nudging up a penny per pound
Lentil prices held firm over the last week across Western Canada, according to Prairie Ag Hotwire.
India looking at large lentil crop, but pulses down overall
Delayed onset of northeast monsoon slowed harvests, shortened planting window
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
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
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.
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