STAT Communications Ag Market News

Spot Lentils Drift Lower

PANAMA - Jun 10/17 - SNS -- Green lentil markets maintained their weaker undertone during the past week, with short term selling interest pushing ahead of the immediate needs of buyers.

In both grower and export markets the spread between current and new crop markets is shrinking, with spot markets easing and new crop remaining relatively firm.}

Seeding of this year's crop is virtually complete in both Canada and the United States. However, field conditions in some areas were unfavorable, contributing to ideas that lentil area might be less than intended.

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