Canadian lentil stocks are forecast to be extremely tight by the close of the 2023/24 marketing year, which should keep prices well supported despite expectations for a smaller export program.
Tightest lentil stocks since July 2010 forecasted
Pea, barley carryout estimates raised, lentils cut in half
Estimates hold for most exports
Canola, wheat, pea carryout estimates unchanged
Wheat, barley, oat, pea stocks also projected lower
Lentil, chickpea prices up after report
Wheat production figures reduced, corn up
Three initiatives will be funded through the federal African swine fever preparedness program
Drop in estimated oats carryout another notable adjustment
New set of rules also calls for 'cosmetic' pesticide use to be banned on federal lands