NEWS
Canada Markets Blog
Cliff Jamieson Canadian Grains Analyst
Fri May 23, 2014 05:43 PM CDT

Agriculture and Agri Food Canada's monthly supply and demand tables tightened both pea and lentil carryouts for the 2013/14 crop year. The lentil carryout has been reduced to 125,000 metric tonnes from the 200,000 mt reported in April. This July 31 inventory would reflect a 59% reduction from the 307,000 mt reported by Statistics Canada to be carried out of the 2012/13 crop year, as well as the lowest carryout since July 2010 when 40,000 mt were reported to be carried out. The 2013/14 carryout would represent just a 6% stocks/use ratio.

Green lentil bids have remained steady in recent ...

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