In July, large green lentils prices went down 13.4%.
Small red lentils prices lost 7.5% this month.
Similarly, small green lentils prices dropped by 6.8%.
Finally, medium green lentils prices dipped by 12.4%.
For our GrainCents readers, we’re watching a variety of factors that might affect lentils prices: 2 are bearish, 1 is bullish, and 4 are noise.
(If you’re not familiar with what “noise” is, then we recommend you check out our GrainCents risk management process towards lentils prices.)
This month, GrainCents investigated topics such as:
- Our predictions for lentils prices heading into the second half of 2018;
- Indian lentil supply and demand – and how that affects global lentils prices;
- Is this bullish factor the only hope left for 2018 grain prices?
With a trade war and tariffs creating volatile markets, it’s more important than ever to stay on top of the factors affecting lentils prices. Capture market premiums with GrainCent’s sales recommendations and actionable cash grain marketing advice delivered directly to your inbox.
Especially worthwhile in your GrainCents subscription is the Lentils Weekly Digest, which gets sent out every Sunday morning. In addition to recapping our cash grain sales position, this chart-fueled read provides an insightful recap of the previous week’s activity in lentils markets. We also walk through, in detail, what we’re watching across the global market in the week(s) ahead that could influence lentils prices.
Start making more sense of what’s affecting lentils prices with a free three-week trial to GrainCents, our exclusive sales recommendation service that holds a 93% success rate on getting farmers the best price possible.