Canadian lentil stocks are forecast to be extremely tight by the close of the 2023/24 marketing year, which should keep prices well supported despite expectations for a smaller export program.
Crops
Tightest lentil stocks since July 2010 forecasted
Good export demand also underpinned soybeans
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Pea, barley carryout estimates raised, lentils cut in half
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A repurposed water trough and other fencing materials were all put to good use
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Reduced production, increased demand from India and China bolster market