Lentils & Production Tips

Green lentils. (Savany/iStock/Getty Images)

Pulse weekly: Harvest pressure now hitting lentils

By GFM Network News August 18, 2020

MarketsFarm — As the harvest begins to ramp up across Canada, lentil prices have begun to feel some of the downward pressure. However, to Marcos Mosnaim of Globeways Canada Inc. at Mississauga, Ont. there’s more to the recent declines. “We are feeling pressure from other origins. As United States green lentils are selling much cheaper […] Read more

Crops, Lentils, Markets

Pulse weekly outlook: Lentil prices off pandemic peak

By MarketsFarm Team, GFM Network News July 8, 2020

MarketsFarm — Lentil prices received a bit of a bump earlier in the year from peak pandemic panic-buying, but have subsided in recent weeks. “At the beginning, a lot of people were buying, which led to a spike in prices,” explained Marcos Mosnaim of Globeways Canada in Mississauga. “That scarcity has come down a lot.” […] Read more

India’s Prime Minister Narendra Modi speaks to media on the Parliament premises in New Delhi in this Nov. 18, 2019 file photo. (Photo: Reuters/Altaf Hussain)

Crops, Lentils, Markets

India’s levy cut on lentils part of balancing act

Global markets had zero or little forewarning of decision

By GFM Network News June 13, 2020

MarketsFarm — To Pulse Canada, the recent move by the Indian government to temporarily reduce the import levy on lentils from 30 to 10 per cent is part of a balancing act between competing interests. Greg Cherewyk, president of Pulse Canada, explained that Prime Minister Narendra Modi is “looking after the needs of a politically […] Read more

Crops, Lentils, Markets

Pulse weekly outlook: Levy cut an opportunity for Canadian lentils

By GFM Network News June 10, 2020

MarketsFarm — Canadian lentils should benefit from India lowering its import levy on lentils from 30 to 10 per cent, said Marlene Boersch of Mercantile Consulting Venture Inc. in Winnipeg. The announcement, made June 2, was intended to reduce lentil prices in the country. India’s Ministry of Agriculture and Farmers’ Welfare estimated the lentil crop […] Read more

Crops, Lentils, Markets

India reduces tariffs on lentils

Reduction set for all lentil imports except from U.S.

By MarketsFarm Team, GFM Network News June 2, 2020

MarketsFarm — India is temporarily reducing import tariffs on lentils originating from most countries. The India government’s Central Board of Indirect Taxes and Customs on Tuesday posted “Notice 26/2020-Customs,” which lowers import taxes on most lentils entering the country, from 30 per cent to 10 per cent. The reduction, which takes immediate effect, runs until […] Read more

A green lentil crop in southeastern Saskatchewan on May 31, 2019. (Leeann Minogue photo)

Crops, Lentils, Markets

Pulse weekly outlook: Lentils stabilize with seeding underway

By Phil Franz-Warkentin, GFM Network News May 12, 2020

MarketsFarm — Lentil bids in Western Canada may have come off their recent highs, but prices are still solid and should encourage more seeded area this spring. Increased demand tied to the COVID-19 pandemic gave lentil prices a boost in March, with the largest gains in red lentils which hit highs around the 32 cents/lb. […] Read more

Crops, Lentils, Markets

Pulse weekly outlook: Lentil exports up on year

By Phil Franz-Warkentin, GFM Network News May 6, 2020

MarketsFarm — Canadian lentil exports are running well ahead of the year-ago level, according to the latest numbers. Canada exported 267,462 tonnes of lentils in March, the second-highest monthly total of the crop year to date and well above the 130,980 tonnes exported during the same month the previous year. The United Arab Emirates was […] Read more

Crops, Lentils, Markets, Pulses

Demand may encourage more red lentil acres: AGT

By MarketsFarm Team, GFM Network News April 29, 2020

MarketsFarm — Improving lentil prices over the past month may encourage more acres of the pulse crop in Western Canada this spring, according to an industry official, as seeding is set to start within the next few weeks. “With the recent March demand surge, mostly due to COVID-19, pulse prices have increased sending a signal […] Read more

Crops, Lentils, Markets, Pulses

Pulse weekly outlook: Turkey may see larger red lentil crop

By MarketsFarm Team, GFM Network News April 14, 2020

MarketsFarm — Turkey is expecting to see an increase in lentil production in 2020, according to a processor in the country. White bean production is also expected to rise, although chickpea production could be down slightly on the year. Fethi Sonmez, CEO of Turkey-based Armada Foods, expects to see red lentil production in the country […] Read more

Crops, Lentils, Markets, Peas

Pulse weekly outlook: Lack of willing sellers underpins prices

By Phil Franz-Warkentin, GFM Network News March 24, 2020

MarketsFarm — Pea and lentil bids in Western Canada are holding relatively steady for the time being, despite anecdotal reports of increased international demand due to the COVID-19 pandemic, with attention soon shifting to spring seeding. A lack of willing sellers is keeping pulse bids underpinned in Western Canada, according to broker Dale McManus of […] Read more

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Lentils

Pulse weekly: Harvest pressure now hitting lentils

Pulse weekly outlook: Lentil prices off pandemic peak

India’s levy cut on lentils part of balancing act

Pulse weekly outlook: Levy cut an opportunity for Canadian lentils

India reduces tariffs on lentils

Pulse weekly outlook: Lentils stabilize with seeding underway

Pulse weekly outlook: Lentil exports up on year

Demand may encourage more red lentil acres: AGT

Pulse weekly outlook: Turkey may see larger red lentil crop

Pulse weekly outlook: Lack of willing sellers underpins prices

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