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Lentil Inventories In Canada Declines To 9.49 LMT At End -March

Despite declining inventories of Masur in Canada, prices remain stable. If demand improves (likely),prices of Masur may move up again.Statistics Canada has  pegged inventories at  9.49 LMT at all positions at 31st March-2022.it is down from 14.39LMT recorded at  end- March-2021.Five year average of inventories is 15.12 LMT.Inventory for marketable surplus was stable at 1.79LMT. The stock on farm sank declined to 7.70 LMT against 12.6 LMT recorded at end March-2021.Sowing has already started and area is expected to increase this year. If weather remains favorable,production may increase to 25 LMT against 16 LMT last year.