STAT Communications Ag Market News

Mixed Finish in Lentils

PANAMA - Dec 15/17 - SNS -- International lentil markets finished the week on a mixed note, with prices for red little changed on the week, while the spread between U.S. and Canadian green lentils widened.

Red lentil markets remain concerned that India could impose an import duty on the product given the risk that seeded area in India could match or exceed last year.

Though the pace of seeding has slowed compared to last year, farmers in that country have sown 1.553 million hectares as of December 15, compared to 1.526 million at this time during the previous rabi season.

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