Analysis

Lentils hold firm despite Aussie dollar surge

By Ed Scamps, Cloudbreak Grain Marketing
December 8 2023 - 12:00pm
Lentils hold firm
Lentils hold firm

The lentil market has become a slow grind in South Australia as harvest reaches its early end for 2023/24; meanwhile the Vic harvest is just getting into full swing. SA lentil prices have held up with delivered prices over the past fortnight ranging between $940-$960 a tonne on a delivered packer basis (with premiums persisting for larger varieties). Prices through this year's muted harvest pressure saw lows of $900 but these levels did not persist for long as grower deliveries slowed and local production forecasts were wound back.

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