STAT Communications Ag Market News

Lentils Ease Into New Crop Focus

PANAMA - Jun 21/24 - SNS -- Spot markets for international lentils maintained a softer undertone because of diminished short term buying interest and some reluctance to add to new crop positions.

Markets are anxious to see the coming week's seeded area estimates for both Canada and the United States, with some participants expecting area to exceed this year's intentions.

Many buyers believe such an outcome would result in lower asking prices during the fall shipping period> They expect growers to take advantage of relatively high new crop bid levels, while processors and exporters try to avoid accumulating unsold inventories at a time of rising international competition for available demand.

Birdseeds Largely Steady

PANAMA - Jun 21/24 - SNS - Brdseed ingredient markets were largely unchanged in both grower and inter-dealer markets during the past week.

Markets are now waiting for the seeded area estimates for both Canada and the United States to help get a sense of supply fundamentals for the coming marketing year.

Statistics Canada will release this year's canaryseed area estimate on June 27, with markets keen to see if growers stuck with intial intentions to increase land in the crop from 256,200 to 290,600 acres.

Chickpeas Steady In Light Trade

PANAMA - Jun 21/24 - SNS -- International chickpea markets maintained their relatively firm tone through…

Easier Tone Before Reports

PANAMA - Jun 21/24 - SNS -- Field pea markets finished the week's trading on a generally easier note…

Dry Beans Continue To Drift

PANAMA - Jun 21/24 - SNS -- Dry edible bean markets were little changed, with trading activity influenced…