STAT Communications Ag Market News

United States Red Lentil Grower Price Review

VANCOUVER - Sep 6/20 - STAT -- United States Red Lentil markets finished the 2019-20 marketing year with prices offered to growers leaping 13% above the recent three year average annual price offered to growers in that country.

The average price paid for Red Lentil was USD$17.60 per 100 pounds (cwt), compared to an average annual bid of $15.56 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 $22.83 per cwt in July, while the lowest monthly average bid level was $12.70 per cwt in October.

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