Extra 3 Richlea Lentil Grower Price Review in Canada

VANCOUVER - Aug 1/16 - STAT -- Canadian Extra 3 Richlea Lentil markets finished the 2015-16 marketing year with prices offered to growers rocketing 65% above the recent three year average annual price offered to growers in that country.

The average price paid for Extra 3 Richlea Lentil was CDN$48.63 per 100 pounds (cwt), compared to an average annual bid of $29.45 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 $58.00 per cwt in February, while the lowest monthly average bid level was $29.60 per cwt in August.