Lentils Anxiously Await Reports

PANAMA - Jun 26/20 - SNS -- Lentil markets were little changed, with many market participants waiting for the coming week's seeded area estimates for Canada and the United States.

Farmers in both Canada and the United States had intended to trim planted area from 3.78 to 3.71 million acres for Canada and from 786,000 to 474,000 in the United States.

But, many market participants believe that because prices and demand in spot markets improved before many started this year's seeding operations that the actual area will be higher.