STAT Communications Ag Market News

United States Red Lentil Grower Price Review

VANCOUVER - Sep 11/19 - STAT -- United States Red Lentil markets finished the 2018-19 marketing year with prices offered to growers falling 18% below the recent three year average annual price offered to growers in that country.

The average price paid for Red Lentil was USD$13.89 per 100 pounds (cwt), compared to an average annual bid of $16.86 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 $15.18 per cwt in February, while the lowest monthly average bid level was $12.20 per cwt in October.

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