Lentils. (Seb_ra/iStock/Getty Images)

Pulse weekly outlook: Lentils shift in narrow range

Farmers seen sitting on product for now

MarketsFarm — Price movement for most western Canadian lentils held narrowly rangebound for the week ended Monday. Prairie Ag Hotwire reported most prices remained one cent per pound of unchanged. To Marcos Mosnaim of Export Packers, there were two central reasons for such sparse movement in lentils. “On one side… I will say the lack


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Canada’s lentil sales to India slow with diplomatic tensions

Soured relations over assassination accusations are adding uncertainty to the lentil market

Canadian lentil sales to India have slowed since Canadian Prime Minister Justin Trudeau said in late September that he suspected India of involvement in an assassination on Canadian soil. The drop is linked to the fear that reprisal from New Delhi could limit trade, industry sources in both countries say. Trudeau said that Canada was


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Pulse weekly outlook: Slight increase in lentil acres likely

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

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


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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.