U.S. Dollar Weakness Supports Lentils
VANCOUVER - Sep 8/12 - SNS -- International lentil markets finished the week's trading nominally firmer on account of weakness in the U.S. dollar versus other major currencies.
Markets were disappointed by Canada's July 31 stocks report, which showed there were 788,000 metric tons (MT) on hand instead of the expected 660,000 MT. But, that had no immediate impact on price.
The North American harvest nearing completion in most areas, with processors indicating they will have a full range of qualities. The majority of the harvest will be suitable for human consumption markets, though some fields were hurt by disease, hail and weathering.
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