Lentils Mainly Steady

PANAMA - Nov 16/18 - SNS -- Improving demand is adding some underlying strength to red and green lentil markets through the winter shipping positions.

This is reflected in prices offered to Canadian farmers, with average bid levels for all classes of lentils for delivery during the first quarter of 2019 now sitting at a premium to average spot market bids for farmers dressed product delivered western Canadian processing plants.

Bulk lentil movement through the middle of November is up over the same 15 week period in the 2017-18 marketing year, but down from the levels seen in 2015 and 2016.