STAT Communications Ag Market News

Uncertainty Over Seeding Intentions

PANAMA - Apr 19/19 - SNS -- International lentil markets were little changed amid quiet trading conditions because of the Easter weekend holiday.

The month saw another cargo of lentils ship from Vancouver, but stock accumulations in the port suggest another cargo may not move quickly. Bulk export movement is almost double last year, reflecting a massive increase in movement to India.

Despite high import duties, imported lentils are a competitive option versus domestic production. It is not clear if some product is being bought as a replacement for yellow peas, which are subject to quantitative import duties.

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