Pulse Forward 14 | USA's big bet on beans

FRACTIONS: A STORY IN 2 CHARTS

North American lentil production

1 CANADA Based on current forecasts, about 30% of the world’s red lentil production is expected to come from Canada in 2024. Production is expected to be the highest since 2020, at almost 2.5 million tonnes for red and green combined, due to markedly increased acreages and yields year-on-year. Canada began the year with carry-over of around 200 thousand tonnes and the exportable quantity for 2024 is projected at 1.8 million tonnes, headed for India, Turkey, UAE, Bangladesh and Pakistan. Although weather has had an impact Down Under, Australian red lentil production should nevertheless be more than sufficient to avoid any undersupply in markets.

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