STAT Communications Ag Market News

Richlea Lentil Dealer Price Review in Canada

VANCOUVER - Aug 2/11 - STAT -- Canadian Richlea Lentil markets finished the 2010-11 marketing year with prices leaping 10% above the recent three year average annual price on inter-dealer markets in that country.

The average trading level for Richlea Lentil was USD$42.93 per 100 pounds (cwt), compared to an average annual market value of $38.98 during the previous three year period for machine dressed merchandise packed in bags delivered to Montreal.

Analysis of the monthly price pattern reveals the highest monthly average was $47.00 per cwt in February, while the lowest monthly average trading level was $34.00 per cwt in August.

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