Lentil Flirt With Bullish Zeason
PANAMA - Jul 18/17 - SNS -- Drought across most of the North American production zone created a lot of tension in red and green lentil markets during the growing period.
Lentils are relatively drought hardy, but high heat during flowering causes them to abort. If high heat and drought persists while pods are filling, yields will be further reduced, with some research suggesting crops can lose half their yield potential.
It is worth noting that in its last crop report for 2016, Saskatchewan Agriculture said topsoil moisture was adequate in half the province and surplus in the other half. By the time of the first crop report for 2017, the provincial agriculture department complained that "Adverse weather has delayed spring field work. . . . Many fields remain wet. Warm and dry weather will be needed in the coming weeks before seeding can get fully under way.
Bulk Pea Exports Slowing
PANAMA - Jul 16/17 - SNS -- Bulk field pea shipments are slowing, though there remains enough inventory in Vancouver for another vessel before the end of the marketing year.
The Canadian Grain Commission (CGC) reports 500 MT of bulk peas were exported through reporting terminals and primary elevators between July 3 and July 9. That lifted season to date exports to 3,329,600 MT, compared to 2,355,100 MT during the same period in the previous marketing year.
Farmers delivered 6,900 MT of peas to primary elevators during the week. This lifts season to date deliveries by farmers to 3,875,100 MT, compared to 2,521,900 MT during the same period last season.
ARLINGTON - Jul 18/17 - SNS -- The American Trucking Associations' advanced seasonally adjusted (SA)…
PANAMA - Jul 16/17 - SNS -- North American lentil markets finished the week's trading on a defensive…
PANAMA - Jul 16/17 - SNS -- Chickpea markets were unchanged to firmer in relatively light trading during…