AgPulse Analytica is reporting that the red lentil crop is in trouble in two key states of Australia — South Australia and Victoria. | Reuters photo

Aussie red lentil crop in trouble

SASKATOON — Canada’s top competitor in the red lentil export market is experiencing problems. AgPulse Analytica is reporting that the crop is in trouble in two key states of Australia — South Australia and Victoria. Related stories: Pulse Weekly: Lentil prices poised for drop, depends on India Canada takes reins after poor Aussie lentil crop […] Read more

India typically imports about 1.4 million tonnes of red lentils annually. One analyst believes that volume will drop to 800,000 tonnes if the government releases its stocks. That would obviously be bearish for lentil prices. | File photo

India could cut lentil imports

Gov't may release some of its stocks into the market, which would reduce need for imported lentils

SASKATOON — The red lentil market hinges on what the Indian government intends to do with its bloated stocks of the crop, says an analyst. The National Agricultural Cooperative Marketing Federation of India Ltd. (NAFED) is sitting on a massive stockpile of 800,000 tonnes. Related stories: Binod Agarwal, managing partner of SGR Agri, believes NAFED […] Read more