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 pinto beans
Mexican crop troubles benefit Canadian bean growers
Statistics Canada estimates farmers will plant 358,150 acres to beans this year, a 12 percent hike from the previous year
SASKATOON — Growers in Canada and the United States planted more black and pinto beans and fewer navy beans in response to Mexico’s production hardships, say industry officials. Orion Roy-Wright, a trader with ADM Edible Beans, told the Global Pulse Confederation (GPC) that producers in those two countries increased black bean plantings by 15 to […] Read more
Mexico short of dry beans
Mexico is coming off a disastrous 2023 bean crop and it looks like the 2024 crop could be in trouble as well. “I’ve heard reports coming out of Mexico that some of the production is down to a bag per acre,” said Greg Ackerman, director of Michigan Beans and the United States Dry Bean Council. […] Read more
