Dry edible beans and canned beans have been purchased by USDA for distribution to the child nutrition and other related domestic food assistance program for Fiscal Year 2019. The purchase includes packaged pinto, baby lima, Great Northern and light red kidney beans, pinto bean totes and canned garbanzo beans, totaling over $1.08 million.
According to the Weekly Dry Bean Market News report, grower prices for North Dakota and Minnesota remain mostly unchanged this week. Dry bean trading activity remains limited with very light demand. Contract product is moving steady.
According to the August USDA Crop Production Report, production of dry edible beans is forecast at 24.6 million hundredweight, down 34 percent from 2018. Area planted is estimated at 1.33 million acres. That’s up two percent from the previous forecast, but down 36 percent from 2018. Area harvested is forecast at 1.28 million acres, up two percent from the previous forecast, but 36 percent below 2018. The average U.S. dry bean yield is forecast at 1,919 pounds per acre, an increase of 59 pounds from last season.
*Beginning in 2019, estimates no longer include chickpeas.
Navy beans have been purchased for use in the USDA Trade Mitigation Food Purchase and Distribution Program, valued at over $3.5 million. View the purchase.
Northarvest Bean Grower – Our Mission:
NHBGA, growers representing growers through the check-off system, is North America’s largest supplier of quality dry beans. Working together to better the industry through promotion, research, market development, education of consumers and monitoring of governmental policy. Our future goals must be continued market exposure and careful monitoring of new ideas, consumer choices, and producer needs.
50072 E. Lake Seven Road, Frazee, MN 56544