STAT Communications Ag Market News

No 3 Richlea Lentil Grower Price Review in Canada

VANCOUVER - Aug 1/18 - STAT -- Canadian No 3 Richlea 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 No 3 Richlea Lentil was CDN$17.71 per 100 pounds (cwt), compared to an average annual bid of $30.18 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 October, while the lowest monthly average bid level was $10.50 per cwt in July.

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