February 2025 witnessed a remarkable 70% surge in Canadian lentil exports, primarily driven by significant demand from India, which imported over 110,000 tonnes. This uptick is part of a broader recovery, with cumulative exports reaching 1.44 million tonnes from August 2024 to February 2025, showcasing a robust increase from the previous year's 1.07 million tonnes. This report delves into the current market dynamics, price trends, and the fundamental drivers shaping the global lentil market.

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📊 Market Overview: Current Prices & Trends

📈 Key Market Drivers

• India's massive import volume highlights its ongoing demand despite domestic production.
• The 11% import duty in India has not dampened the robust demand for Canadian lentils.
• Lower production and high export activity from Australia have tightened global supplies, supporting prices.

⛅ Weather Outlook – Key Growing Regions

Canada's favorable weather has boosted lentil production, contrasting sharply with last year's losses. However, upcoming forecasts suggest mild rainfall which could impact harvesting activities mildly but is expected to sustain the soil moisture beneficial for the crop's final growth stages.

🔮 Price Forecast – Next 3 Days

Given the stable demand and limited global supply, prices are expected to hold steady with potential slight increases if weather conditions remain favorable in key producing regions.