Canada 2017-18 Matar (Dry Pea), Masoor (Lentil) Output Forecast Lower

MUMBAI (Commoditiescontrol) - Matar (Dry Pea) and Masoor (Lentil) production in Canada for 2017-18 is forecast lower due to a combination of lower yields and asmall decrease in harvested area, said Agriculture & Agri Food Canada in its monthly (August) supply-demand release.

Matar
For 2017-18, Canadian Matar production in Canada is forecast to fall by 17% from 2016-17, to 4.0 million tonnes, but still be the second largest crop on record. This is largely due to a combination of lower yields and a small decrease in harvested area. Saskatchewan and Alberta are each estimated to account for 49% of the Matar production, with 2% in Manitoba and British Columbia.

Supply is forecast to fall by 18% to 4.2 million tonnes due to lower carry-in stocks. Exports are forecast to decrease to a 3.2 million tonnes, with India, China and Bangladesh continuing to be Canada’s top markets.

Carry-out stocks are also forecast to decrease. The average price is expected to similar to 2016-17, as larger world supply is offset by lower carry-out stocks in Canada.

Lentils
For 2017-18, lentil production is forecast to fall by 16% to 2.7 million tonnes, the second largest Canadian lentil crop on record. Seeded area is expected to be offset by higher yields than the previous year. There was a 25% fall in seeded area from 2016-17, with the majority of the decrease in red lentil types.

Saskatchewan is expected to account for 86% of the lentil production, with the remainder in Alberta.

Supply is forecast to decrease by only 10% due to higher carry-in stocks. Exports are forecast to fall to 2.2 million tonnes. Carry-out stocks are forecast to decrease to 200 kt. The average price is forecast to be higher than 2016-17 due to lower carry-out stocks and expectations for a more normal grade distribution compared to the previous year. Prices for No.1 lentils are expected to decrease but this is expected to be more-than offset by reduced discounts for lower grades and a change in the overall grade distribution.



(By Commoditiescontrol Bureau; +91-22-40015533)