Farmers in Western Canada can expect price pressure on their new crop of green lentils, as the available supplies among the world’s major lentil-growing nations increase significantly.
Tag Archives lentil markets
Green lentil market oversupplied
The combined crop of five major lentil-growing nations is expected 40 per cent larger than last year’s
Red, green lentils take different paths
A large global supply is expected to pressure red lentil prices, while demand for green lentils will likely remain strong
SASKATOON — Lentil markets will be a tale of two colours this year, according to industry officials. The red lentil outlook is decidedly bearish. Related stories: “We haven’t seen this kind of a red lentil supply glut in almost five years,” Rav Kapoor, chief executive officer of ETG Commodities Inc., said during a recent Global […] Read more
Strong production, uncertain demand dims lentil outlook
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
