VANCOUVER - Sep 1/11 - STAT -- United States Regular Lentil markets finished the 2010-11 marketing year with prices offered to growers advancing 7% above the recent three year average annual price offered to growers in that country.
The average price paid for Regular Lentil was USD$32.96 per 100 pounds (cwt), compared to an average annual bid of $30.78 during the latest three year period for farmers dressed merchandise delivered processing plants.
Analysis of the monthly bid pattern reveals growers the highest monthly average bid was $36.00 per cwt in April, while the lowest monthly average bid level was $23.80 per cwt in September.
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