STAT Communications Ag Market News

United States Red Lentil Grower Price Review

VANCOUVER - Sep 5/18 - STAT -- United States Red Lentil markets finished the 2017-18 marketing year with prices offered to growers falling 34% below the recent three year average annual price offered to growers in that country.

The average price paid for Red Lentil was USD$15.21 per 100 pounds (cwt), compared to an average annual bid of $23.16 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 $19.58 per cwt in October, while the lowest monthly average bid level was $11.98 per cwt in August.

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