Pulse weekly outlook: Green lentils show strength, reds lag

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[...]



Pulse weekly outlook: New-crop green lentil bids in line with year ago

MarketsFarm -- New-crop lentil bids are starting to become available in Western Canada, with early pricing indications for green lentils not that far off the levels seen at the same time a year ago. New-crop pricing for large green lentils delivered to the elevator in the fall of 2023 can currently be found in the[...]

Pulse weekly outlook: Peas, lentils see some strength

MarketsFarm -- Canadian pea and lentil markets have shown some post-harvest strength in recent weeks, with good offshore demand providing support. "On the yellow pea side, it's China, and on lentils, it's basically India," Marcos Mosnaim, of Globeways Canada, said of the strength in both markets. Yellow peas are currently trading as high as $7.50[...]


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.[...]

Pulse weekly outlook: Lack of willing sellers underpins prices

MarketsFarm -- Pea and lentil bids in Western Canada are holding relatively steady for the time being, despite anecdotal reports of increased international demand due to the COVID-19 pandemic, with attention soon shifting to spring seeding. A lack of willing sellers is keeping pulse bids underpinned in Western Canada, according to broker Dale McManus of[...]


Pulse weekly outlook: Lentil exports up on year

MarketsFarm -- Canadian lentil exports are running well ahead of the year-ago level, according to the latest numbers. Canada exported 267,462 tonnes of lentils in March, the second-highest monthly total of the crop year to date and well above the 130,980 tonnes exported during the same month the previous year. The United Arab Emirates was[...]