STAT Communications Ag Market News

Tension in Lentil Markets

PANAMA - Jan 22/21 - SNS -- International lentil markets finished the week's trading on a firm note against declining available supplies and increased grower resistance to making additional sales.

Prices paid to farmers have not improved since the beginning of September. Green lentil bids are mostly unchanged, while farmers are seeing lower prices for red lentils.

Stocks accumulated during the fall shipping period has limited the medium term needs of some buyers.

Green Pea Collapse

PANAMA - Jan 22/21 - SNS -- Tightening available supplies of peas in North America added general support markets since December, though spreads between yellow and green peas have collapsed.

Excellent movement during the fall shipping period end expectations of continued demand from China and other destinations is supporting yellow peas. By contrast, available supplies of green peas are well beyond the prospective needs of the market, with the green peas not longer obtain a premium in grower markets.

Markets are also being supported by the fact farmers have been able to move a substantial portion of all crops they grew in 2020 at good prices. This has left them in a good position from a cash flow perspective, reducing their need to sell peas.

Strong Tone In Mustard

PANAMA - Jan 22/21 - SNS -- Mustard seed markets maintained their strong tone through the third week…

Solid Start to 2021 or Beans

PANAMA - Jan 22/21 - SNS -- Dry edible bean markets started the 2021 calendar year on a relatively strong…

Mixed Week in Birdseeds

PANAMA - Jan 22/21 - SNS -- North American birdseed markets closed the week's trading on a mixed note,…