STAT Communications Ag Market News

Lentil Continue to Strengthen

PANAMA - Apr 24/20 - SNS -- International lentil markets continued to strengthen in spot shipping positions during the past week, while new crop markets maintained a firm tone despite expected increases in total plantings.

Statistics Canada did not release its seeding intentions report during the past week, reflecting the impact of COVID-19 coronavirus restrictions on the agency's ability to conduct this year's survey.

Unless rescheduled, markets will need to wait for the June 29 seeded area estimates to get a sense of actual land in lentils and other crops. Depending on how quickly farmers are able to seed this year's crops, that report is viewed as a combination of seeding intentions and actual plantings.

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