Dry Bean Outlook

Dry Bean Outlook

Dry Bean Smallest Harvested Area Since 1921 U.S. dry bean markets find themselves moving up into relatively unfamiliar territory as prices continue to reach for the sky in reaction to a small 2011 crop, strong prices for other field crops, and moderate demand. The October U.S. dry bean production estimate was trimmed to 19.6 million…

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Bean prices for the week of APR 24, 2012

Bean prices for the week of APR 24, 2012

Bean Prices Happy Friday to everyone today. Lots of action in weather going into the weekend, here’s a brief look: A plethora of rainfall to be expected across the Dakotas, while less rain attends to the Central Plains. The Pacific Northwest area will be nice and sunny with periodic rain in certain spots. Montana residents…

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Principal field crops I Canada

Principal field crops I Canada

2012 Principal field crops “Possible record acreage for canola” “Survey results indicate that Canadian farmers may seed a record 20.4 million acres of canola in 2012, up 8.0% or 1.5 million acres from the previous record of 18.9 million acres set in 2011. This would be the sixth consecutive annual record in canola area at the national level.” “Area for wheat expected to increase”…

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Dry edible bean prices week of April 10

Bean Prices Dry edible bean prices for the week of April 10, 2012 were overall steady to mixed. Pintos, Light-Red Kidney’s, Garbanzos, and Green & Yellow peas led the price action insignificantly nowhere. Quality variations within the same bean varieties are still causing large spreads between different dealers. Grower price expectations are still steady and the…

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Dry Edible Bean Prices of March 27, 2012

Dry Edible Bean Prices of March 27, 2012

Bean Dealers Adjust Pricing Bean dealers were expecting plantings intentions on March 30, prices were elevated slightly by mostly $1 across all varieties.  Pinto bean dealers asked for a one dollar premium on the ask side of a transaction with the only exception coming from dealers in Washington and Idaho which lowered expectations for bean…

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