STAT Communications Ag Market News

United States Red Lentil Grower Price Review

VANCOUVER - Sep 9/14 - STAT -- United States Red Lentil markets finished the 2013-14 marketing year with prices offered to growers falling 16% below the recent three year average annual price offered to growers in that country.

The average price paid for Red Lentil was USD$22.12 per 100 pounds (cwt), compared to an average annual bid of $26.47 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 $28.00 per cwt in October, while the lowest monthly average bid level was $19.00 per cwt in March.

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