Analysis

Lentils pick up on poor seeding start and low currency

By Ed Scamps, Cloudbreak Grain Marketing
May 20 2022 - 1:00am
Currency dip gives lentil markets a boost

Over the past month, SA lentil markets have benefited from strong bulk export competition and a lower Aussie dollar. Delivered lentil prices have increased $40-50 a tonne, now priced about $1050-$1060/t delivered to major ports. A 6 per cent decline in the Aussie dollar in the span of a month has been the primary component of our lentil price lift.

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