Opposing views on lentil price outlook
Oct 28, 2010 | 8:02 AM
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The just released Pulse Market Report from Saskatchewan Pulse Growers has a couple of very different opinions on whether producers should be holding lentils for higher prices or selling them before prices go down.
Mark Tycholiz from the special crops brokerage company TradeMark Grain does not believe lentils prices are going to weaken. He points to all the lentils that are going to be unusable for anything but livestock feed – perhaps 15 per cent of the crop. On top of that, he believes that only 25 to 30 per cent of this year’s production will fall into the top two grades.
