STAT Communications Ag Market News

Extra 3 Red Lentil Grower Price Review in Canada

VANCOUVER - Aug 1/18 - STAT -- Canadian Extra 3 Red Lentil markets finished the 2017-18 marketing year with prices offered to growers falling 41% below the recent three year average annual price offered to growers in that country.

The average price paid for Extra 3 Red Lentil was CDN$16.33 per 100 pounds (cwt), compared to an average annual bid of $27.75 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 $21.00 per cwt in August, while the lowest monthly average bid level was $14.50 per cwt in December.

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