STAT Communications Ag Market News

No 3 Richlea Lentil Grower Price Review in Canada

VANCOUVER - Aug 3/20 - STAT -- Canadian No 3 Richlea Lentil markets finished the 2019-20 marketing year with prices offered to growers falling 9% 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$13.25 per 100 pounds (cwt), compared to an average annual bid of $14.56 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 $19.00 per cwt in May, while the lowest monthly average bid level was $11.00 per cwt in March.

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