Exporter of pinto beans and black beans The dry bean market last week seems to have developed a bearish undertone that had previously been absent the past several months. Although the market had been long expecting prices to drop, it really now becomes a question of how much risk is there on the downside? Last…
Markets Highlights: * US bean market continues diving lower * Pintos dealers running for cover while growers maintain stance * Soybeans test $15.00/bu * Risk Negative feeling creeps into markets Agricultural News: Well hello there again bean fans! we hope everyone is having a great week so far and welcoming fall as we head into…
For those of you who follow this blog, thank you! We apologize for missing in action the last few weeks but we are back and look forward to providing commentary on the upcoming crop year. “Are we there yet?” That’s what parents usually hear when driving for an extended period of time with the kids…
Hey everyone, below is a link to view the current NASS crop report Please Click here to view the current NASS CROP REPORT
We will be taking a look at last week’s dry bean prices and also provide commentary on this week’s current changes. Bean market pricing has been subdued as of late and has been relegated to range trading according to recent local weather patterns. There was some movement last week in WI/MI LRKidneys to the downside…
Bean prices were mute this week as the only thing to report was CO/NE LRKidney dealers clipping toenails on the ask for about $1. All other bean prices were unchanged as the industry met in Lake Tahoe for the annual US Dry Bean Convention. Please click here to view the weekly USDA Dry Edible Bean…
This is the seasonal drought outlook as of July 19, 2012 through Oct 31, and as you can see there are some very tough conditions still expected for dry bean growers this year. Dry bean prices have been relatively quite for most of the summer, and even the current 2012 drought rally hasn’t been able…
Please click here to read about how the current crop situation gets worse
The most exciting thing about the dry bean market this week was watching corn, wheat, and soybeans continue to rally. Dry bean prices were flat across the board and the only news that matters to dry bean growers at this point involves the rain forecast. Colorado and Nebraska dry bean growers received limited rainfall this…
Market News Firstly, weekly USDA dry bean prices were flat again this week. Growers performed some spring cleaning within their plants and prepared for new crop inventory. The usual suspects of pintos, blacks, small reds, and garbanzos stayed in their current price zones based on quality and availability. Seeding has all but wrapped up in…
