**There is weakness in Green Lentils today. Check in with your preferred buyers to see where they are sitting.**
A US Fed set to influence our Dollar and appetite for risk later today, coupled with the bearish grain production numbers surfacing, there is incentive to catch-up Canola, Durum and Pulse sales before volatility ensues.
We did not makes sales across the Pulse board yesterday on an interest rate scare. There has been beneficial rains in India and with good coverage buying to date, we see upside subdued. We believe prices will remain strong. But strong prices can still mean 33c Greens instead of 43c, 30c Reds instead of 35c and $8.25 Peas instead of $9.04. Chickpea are the only pulse where we believe significant upside “could exist”.
I will be sending out a survey today to get some feedback on how you would like to receive Winter texts with respect to how much and what format you get that info.
