Pulse Forward magazine #11 | July 2024

FRACTIONS: A STORY IN 4 CHARTS 4 USA Planting of green lentils has been buoyed by high prices, with production expected to hit 289 KMT in 2024. The market has largely been driven by tight global stocks as well as Indian demand in 2023/24, which, according to Jeff Van Pevenage speaking to GPC in April, “cleaned out” US supplies. He went on to say that “South American markets as well as Europe and Algeria are all tight” and “I see strong demand in Peru, Colombia, and Algeria, but India jumped in ahead of them and those countries are going to have to wait their turn now.”

KMT OF GREENS ARE EXPECTED FOR 2024 289

Made with FlippingBook Annual report maker