Red Lentil Analysis

[wheatking16]

This is the link to my red lentil analysis.

https://klarenbachspecialcropsreport.substack.com/p/red-lentil-analysis

[jamesb]

Thanks for this. An interesting read. Price discovery for lentils with no futures market and and price indications coming from markets in the third world make for an challenging project. It is encouraging to have markets for yellow peas in north America in the fractionation business and not totally feed or the off shore business. I would hope lentils goes this way at some point too. As we havent seen much of a run in red lentils since the early fall I too would hope to see some price increase. Normally I expect to see an increase after the fall harvest run and after buyers got in all the production contract stuff before prices go up. IMO reds have to compete with yellow peas and reds have sure been quite. When I see most all other lentil types in the high fifties and up , I kinda figure there should be more upside on the reds. I have never tracked the price spreads between say reds and estons ? It must be at least 10 - 12 cents these days. Pretty wide. For me 55 cents is a pretty good target for what we didn't move off the combine.

[BTO780]

Thanks for this. An interesting read. Price discovery for lentils with no futures market and and price indications coming from markets in the third world make for an challenging project. It is encouraging to have markets for yellow peas in north America in the fractionation business and not totally feed or the off shore business. I would hope lentils goes this way at some point too. As we havent seen much of a run in red lentils since the early fall I too would hope to see some price increase. Normally I expect to see an increase after the fall harvest run and after buyers got in all the production contract stuff before prices go up. IMO reds have to compete with yellow peas and reds have sure been quite. When I see most all other lentil types in the high fifties and up , I kinda figure there should be more upside on the reds. I have never tracked the price spreads between say reds and estons ? It must be at least 10 - 12 cents these days. Pretty wide. For me 55 cents is a pretty good target for what we didn't move off the combine.

If you won’t sell red lentils off the combine and Australia has a big crop you are hopped. Buyers will buy some and offer a “decent” price to fill orders until Australia gets into harvest. That’s one reason I don’t like growing reds.

[TOM4CWB]

If you won’t sell red lentils off the combine and Australia has a big crop you are hopped. Buyers will buy some and offer a “decent” price to fill orders until Australia gets into harvest. That’s one reason I don’t like growing reds.

The Turkish currency often has effect on lentil prices... Turkey last week lowered interest rates to combat 20% inflation... and their currency fell apart... no surprise...

Black Swan event?

Cheers

[TASFarms]

The Turkish currency often has effect on lentil prices... Turkey last week lowered interest rates to combat 20% inflation... and their currency fell apart... no surprise...

Black Swan event?

Cheers

Wouldn’t they have to raise interest rates to lower inflation? Seems logical

[TASFarms]

We live in an upside down world where if something isn't working, more of it will. Their goal is to destroy old systems to implement a nwo and a one world government. Order out of chaos.

It sure does look that way

[agstar77]

Who is this mastermind that wants to create a new world order? My bet is on AI . Or could be any one of the Bond villains. Maybe it is Q.

[GDR]

Wouldn’t they have to raise interest rates to lower inflation? Seems logical

They lowered them from 19% to 15%. Just wow, can't be easy to live there with 15% interest rates and 20% inflation. Purchasing power just in the toilet.

[agstar77]

Tell me you are a close minded sheep without telling me you are.

You are the conspiracy theorist that cannot see reality when it stares you in the face. Not everthing has a hidden meaning.

[agstar77]

Being the Einstein that you are , could you tell everyone who is trying to install the new world order and why?

[OvernOut]

This is the link to my red lentil analysis.

https://klarenbachspecialcropsreport.substack.com/p/red-lentil-analysis

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Wheatking;

Based on your chart and analysis, overall what is your prediction for red lentil prices. Obviously nothing is certain, but are you more inclined to say we are going to see better prices, same prices, or worse prices? Today's price of $.45 isn't terrible but higher is better. With all the rain in Aussie, I wonder what quality looks like there?

[agstar77]

You made the first stupid comment about NWO. Turkey has lots money to oppress it's people. Buying Lentils should not be a problem.