STAT Communications Ag Market News

Canadian Lentil Market Tense

PANAMA - Jul 12/19 - SNS -- Lentil markets finished the week's trading on a defensive note, with the Canadian exporters adopting a more cautious approach to pricing.

Razor thin margins and weaker demand than experienced prior to the 2017-18 marketing year resulted in intense competition among exporters and processors for available demand and supplies from growers.

Some companies may only be operating on processing margins in an effort to keep their facilities busy. But that results in a situation where any increase in competition for product from growers can lead to negative margins.

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