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

Canada has managed to wrestle the steering wheel back from Australia on the red lentil market after spending two years in the back seat. | Reuters photo

Canada takes reins after poor Aussie lentil crop

Drought should bode well for prices but haven't due to India's large stocks and good crops in Canada and Russia

SASKATOON — Canada is back in the driver’s seat in the red lentil market, according to pulse industry executives. It has managed to wrestle the steering wheel back from Australia after spending two years in the back seat. Related stories: “Australia was your price-maker and Canada your price-taker,” Mostyn Gregg, vice-president of grains and pulses […] Read more


"I can see more of the bullish factors rather than the bearish news," AgPulse Analytica analyst Gaurav Jain said at the Global Pulse Confederation's (GPC's) recent Macau Pulses Congress. | File photo

Red lentil crops might be getting smaller

There could be upside in red lentil markets, says an analyst. “I can see more of the bullish factors rather than the bearish news,” AgPulse Analytica analyst Gaurav Jain said at the Global Pulse Confederation’s (GPC’s) recent Macau Pulses Congress. Related stories: The market has already factored in big crops from Canada and Australia, so […] Read more

Red lentils are loaded into a bulk bag.

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