Dry Edible Bean Prices Week of April 16

DRY BEAN PRICES

Dry edible bean prices were steady this week with very little movement in price action. Most bean varieties were unchanged by $1+-, or they were established. Here’s a quick breakdown of the price action:

Pintos: $1- on the bid side from N.Dakota/Minnesota dealers. Pinto growers finally decided to established a range for themselves with $45 to $50’s expectations.

Great Northern’s saw a $1 firm up from last week.

Small Red Bean growers in WA/ID established $45-$48 expectations and Black Bean dealers in Michigan remained steady with $50 price targets with continued aspirations this support level holds.

Green Pea Splits saw a nice $1-$2 bump up on the bid & ask.

Bottom line- Slow and steady overall, watching the weather forecast will be much more interesting & fun. Lets all hope & pray the right weather conditions occur for everyone’s planting.