Spot Lentils Continue Easing
PANAMA - Jul 15/24 - SNS -- Spot values on international lentil markets remained under pressure during the past week, reflecting the close proximity of initial North American harvest activity.
Markets are also paying close attention to kharif season seeding progress in India, especially for tur or pigeon pea, believing this will have an influence on prospective demand for green lentils in the fall shipping period.
As of July 12, India's farmers had planted an estimated 6.232 million hectares of all pulses, well above the 4.95 million sown at the same time last year.
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