Insights and Stories on Lentils

Jun. 2, 2020 at 3:53 pm CDT

MarketsFarm — India is temporarily reducing import tariffs on lentils originating from most countries. The India government’s Central Board of Indirect Taxes and Customs on Tuesday posted “Notice 26/2020-Customs,” which lowers import taxes on most lentils entering the country, from 30 per cent to 10 per cent. The reduction, which […]

By MarketsFarm Team

May. 26, 2020 at 8:46 pm CDT

A significant year-over-year increase Canada booked last year in realized net farm income rests mainly on 2019’s status as the country’s first full year in the recreational cannabis market. Statistics Canada on Tuesday released full-year data on farm income, pegging Canada’s realized net farm income for 2019 at $4.9 billion […]

By Dave Bedard

May. 12, 2020 at 3:23 pm CDT

MarketsFarm — Lentil bids in Western Canada may have come off their recent highs, but prices are still solid and should encourage more seeded area this spring. Increased demand tied to the COVID-19 pandemic gave lentil prices a boost in March, with the largest gains in red lentils which hit […]

By Phil Franz-Warkentin

May. 7, 2020 at 4:42 pm CDT

MarketsFarm — The results of the first acreage estimates for 2020 from Statistics Canada come with an asterisk, as the COVID-19 pandemic halted data collection early. Canada’s actual seeded area is expected to see some shifts from the projections released Thursday. “As a result of the timing of the COVID-19 […]

By Phil Franz-Warkentin

May. 6, 2020 at 6:00 pm CDT

MarketsFarm — Opinions are wide-ranging on what Canadian farmers plan to plant in 2020, ahead of Statistics Canada’s first round of acreage estimates, due out Thursday. Prior to lockdown measures put in place due to the COVID-19 pandemic, StatsCan was scheduled to release its first principal field crops area report […]

By Glen Hallick - MarketsFarm