STAT Communications Ag Market News

AgCanada Sees 2MMT Crop in 2018

PANAMA - Feb 16/18 - SNS -- In its latest monthly review of Canadian lentils Agriculture Canada's market analysis branch in Winnipeg updated its forecast for the 2018-19 marketing year. It is important to note these are unofficial estimates.

It thinks lentil production will reach 2.0 million MT from 1.3 million hectares, compared to 2.559 million MT from 1.783 million hectares last year.

Agriculture Canada forecasts exports will reach 1.8 million MT in 2018-19, compared to a forecast 1.6 million this season and 2.455 million MT the previous marketing year. Domestic use is forecast at 400,000 MT in the coming marketing year, versus 524,000 this season.

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