The price outlook for white, great northern and kidney beans remains bullish as they benefit from Argentina’s crop wreck
SASKATOON — The price outlook for pinto and black beans is about to improve, while prices for many other classes are already on the rise, according to two traders of the crop. Pinto and black bean prices have been on a downward slide since spring. Related stories: “We’re reaching the bottom, so the downside risk […] Read moreTag Archives bean market
American producers grow fewer beans
Bean production in the United States is down 13 percent compared to last year, according to the U.S. Department of Agriculture. Growers produced 1.02 million tonnes of all classes of beans. Acreage was down 5.3 percent, while average yield fell 7.1 percent. Pinto bean production is 401,370 tonnes, an 18 percent drop from last year. […] Read more
