Cropweek 2012 – Brian Clancey on the 2012 Lentil Market Outlook

Lentil acres in Western Canada are projected to be down this year by as much as 25%. This according to Brian Clancey of Stat Publishing comes as a result of poor prices and a poor quality crop of off-grade lentils last year.

Farmers are being challenged in their commitment to lentils.  The income potential of lentils is not good in comparison to other crops like canola.  Reds and green lentils are both challenged with poor price performance.  “Over production of lentils in the past two years has impacted the prices of lentils”, according to Brian Clancey.

We asked Brian Clancey what he thinks will happen to lentils in the next twelve months as the industry tries to chew through a large carry over.  The other question is how will lentils buy acres against other crops in 2012?  As farmers scare the trade into a lower acreage number, will the trade raise bids to entice a stronger planted acreage?

See past contributions from Brian Clancey

If you cannot see the embedded video below click here.

 

Shaun Haney

Shaun grew up on a family seed farm in Southern Alberta. Haney Farms produces, conditions and retails wheat, barley, canola and corn seed. Shaun Haney is the founder of RealAgriculture.com. @shaunhaney

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One Comment

Hank

i know for a fact that I will plant less lentils this year. I plan on increasing my spring wheat acres provided that the price doesn’t go in the toilet for that too. It may be a great year to be ready for some last minute cropping changes based on contracts available at seeding to buy acres.

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