USDA Market News reports most dry bean prices the Min-Dak region unchanged from the previous week. Grower prices for black beans in North Dakota and Minnesota at $36-to-$40 per hundredweight (cwt). Pinto bean prices are at $36-to-$38 per cwt. Navy beans are at $33 per cwt. Dark red and light red kidney bean prices are at $44-to-$47 per cwt. Dry bean contracted product continues to move steadily. New trade remains light as many wait to estimate new crop yield, according to numerous industry contacts. Demand continues to vary as abnormally high temperatures and drought persist in many growing regions.
View the July 6 report.