STAT Communications Ag Market News

Few Changes in Holiday Shortened Trade

VANCOUVER - Jul 2/10 - SNS -- International lentil markets were little changed in relatively quiet trading conditions during the past week.

North American markets are making the start of summer with some Canadians putting in a half week as they celebrate their country's national birthday.

For the coming week, traders in the U.S. will do the same, with Monday being a national holiday. Some market participants in both countries have turned this into a long holiday weekend, while their counterparts in Europe see this as the start of the continent's summer holiday season.

That typically results in an overall slowdown in trading interest, with buyers waiting for confirmation of the size of the North American harvest and the quality of the crop before adding to their purchase commitments.