The red lentil market is looking bearish in 2023-24, according to an analyst. Major exporters have big crops on the way and demand could be subsiding in two key markets, said Gaurav Jain, an analyst with AgPulse Analytica. Turkey is expected to import 522,000 tonnes of the crop, down from a whopping 675,000 tonnes this […] Read more
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Russia to challenge Canada for pea export supremacy
Canada used to have a stranglehold on the Chinese market, up to and including this year. But that changed when Russia and China signed a phytosanitary agreement in December 2022, paving the way for Russian peas to make inroads into that market.
‘Verdict is still out’ on lentil prices this season
Marlene Boersch, managing partner with Mercantile Consulting Ventures, said she would be reluctant to pencil in anything other than average yields for Canada, because it is far too early to forecast a bumper crop.
