STAT Communications Ag Market News

Green Lentils Firming

PANAMA - Jan 19/18 - SNS -- Lentils finished the week unchanged to firmer, with price spreads between red and green widening in favor of green.

Red lentils have become something of a buyer's market this season because of the collapse in demand from the Indian subcontinent and weaker than expected movement to Middle Eastern destinations.

The drop in the value of the U.S. dollar relative to other major currencies at week's end has the potential to offer some relief on the demand side of the equation, but effectively increases the replacement cost for exporters.

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