The 2025-26 red lentil market hinges on what happens with Australia and Canada, say analysts.
Tag Archives red lentils
Red lentil supply depends on Canada, Australia
Australia hopes its crop will recover from last year’s drought and frost, while Canada’s production is expected to be down
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
Indian monsoon delivers
Good rain bodes well for pigeon pea crop, which may hurt demand for lentils
SASKATOON — India’s Southwest Monsoon really delivered this year. Seasonal cumulative rainfall for the June 1 through Sept. 30 period was eight per cent above the 50-year average, according to the India Meteorological Department. Central India received 19 per cent more than normal, while the South Peninsula was 14 per cent above average. The country […] Read more
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 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
Red lentil prices expected to rise
SASKATOON — Old crop red lentil prices have bottomed out and should be heading higher as new crop seeding approaches, says a trader. “We’re at the lower end of the old crop prices,” Will Watchorn, a trader with Viterra, said during the red lentil panel at the Global Pulse Confederation’s Pulses 2024 conference. Canada is […] Read more
Lentil shipments to Turkey expected to shrink
Soaring interest rates and a bigger crop will likely dampen the country’s appetite for imported lentils this year.
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
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
