
Tag Archives red lentils

Pulse weekly outlook: Lentil prices hit December lull
MarketsFarm — After a year that has seen lentil prices climb by between seven and 13 cents/lb., they have stalled and pulled back a little bit, according to Allan Johnston of Johnston Grains at Welwyn, Sask. “The market is not very friendly,” Johnston said, noting dry pea prices have receded as well. “Lentil prices are […] Read more

Pulse weekly outlook: Export demand supports lentils
India set to extend current tariff reductions
MarketsFarm — Lentil prices in Western Canada saw a counter-seasonal rally at the end of harvest and are likely to sustain that rally into winter. “Prices are going to keep going higher,” Darcy Barie, a commodity buyer with Verdient Foods at Vanscoy, Sask., said. Ahead of the 2020 harvest, red lentils were around 24 cents/lb. […] Read more

Saskatchewan lentil crop projections raise skepticism
MarketsFarm — There’s a little skepticism towards Statistics Canada’s projections for this fall’s lentil crop in Saskatchewan. The federal agency on Monday pegged the province’s 2020 lentil crop to come in at around 2.61 million tonnes on about 3.73 million acres. That’s almost a 26 per cent jump in production on a 13.2 per cent […] Read more

Pulse weekly outlook: Lentil crop expected to spike in Alberta
MarketsFarm — One bright spot for Alberta agriculture in 2020 has been the province’s lentil crop. The amount of the pulse grown this year skyrocketed by more than 173 per cent than compared to 2019, according to Statistics Canada. The federal agency reported Monday that lentil production in Alberta is set to hit a record […] Read more

Pulse weekly outlook: Harvest activity pressures lentils
MarketsFarm — With harvest activity beginning across most of the Prairies, pulse prices are experiencing typical harvest pressure. About 20 per cent of the lentil crop has been harvested in Saskatchewan, according to the province’s crop report from Thursday. The west-central region lagged furthest behind the province’s average rate, with just seven per cent of […] Read more

Pulse weekly: Harvest pressure now hitting lentils
MarketsFarm — As the harvest begins to ramp up across Canada, lentil prices have begun to feel some of the downward pressure. However, to Marcos Mosnaim of Globeways Canada Inc. at Mississauga, Ont. there’s more to the recent declines. “We are feeling pressure from other origins. As United States green lentils are selling much cheaper […] Read more

Pulse weekly outlook: Lentil prices off pandemic peak
MarketsFarm — Lentil prices received a bit of a bump earlier in the year from peak pandemic panic-buying, but have subsided in recent weeks. “At the beginning, a lot of people were buying, which led to a spike in prices,” explained Marcos Mosnaim of Globeways Canada in Mississauga. “That scarcity has come down a lot.” […] Read more

Pulse weekly outlook: Lentils stabilize with seeding underway
MarketsFarm — Lentil bids in Western Canada may have come off their recent highs, but prices are still solid and should encourage more seeded area this spring. Increased demand tied to the COVID-19 pandemic gave lentil prices a boost in March, with the largest gains in red lentils which hit highs around the 32 cents/lb. […] Read more
Demand may encourage more red lentil acres: AGT
MarketsFarm — Improving lentil prices over the past month may encourage more acres of the pulse crop in Western Canada this spring, according to an industry official, as seeding is set to start within the next few weeks. “With the recent March demand surge, mostly due to COVID-19, pulse prices have increased sending a signal […] Read more

Pulse weekly outlook: Red lentils see some strength
MarketsFarm — The red lentil market in Western Canada is seeing some life to start the New Year, with improved bids creating some marketing opportunities. “Green lentil prices have been steady since the end of 2019, but red lentils are the one that’s jumped,” said Kevin Silzer, vice-president with Rayglen Commodities in Saskatoon, noting red […] Read more
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