STAT Communications Ag Market News

Less Certain Increase in Bean Seedings

VANCOUVER - Feb 16/10 - SNS -- It is said that when it comes to commodities, history is two years for farmers and three years for traders. This is clearly expressed when farmers make seeding decisions based on the recent performance of crops.

This is most clearly illustrated with the rush into red lentils occurring in western Canada his year. Farmers in Alberta are expected to boost lentil area from around 42,000 acres to over 300,000 this year; while farmers in Saskatchewan could increase red lentil seedings from around 1.23 to 1.7 million acres this year.

That suggests that if Canada plants a record 3.2 million acres of lentils, over two million acres will be red and almost 1.2 million acres green.

By contrast, field pea seedings in western Canada are expected to decline, with some farmers using lentils instead of peas in their rotations this year.

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