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Argentine Dry Bean Planting Wraps Up

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This year’s dry bean crop in Argentina is 100 percent planted in the southern and central regions, which are mainly black beans. In the northern region, the Alubia crop is 80 percent planted, while other bean types are 95 percent planted. The general condition of the Argentine dry bean crops to date are good to very good. The 2021 planting area noted in the chart below is an estimate and may change.
 
 
The 2020 dry bean stocks are nearly depleted. The only bean class with available stocks is Alubia with 20,000 MT left, of which between 10,000 and 15,000 MT are already contracted. Other bean classes are virtually sold out.
 
Argentina is expected to enter the 2021 harvest with no carry-over stocks. From June 2020-January 2021, Argentina exported 344,117 MT of dry edible beans, down 16 percent over the same period as the previous MY (409,496 MT).

Dry Bean Production Updates from China and Argentina

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China:
An initial survey of China’s prospective dry bean planting reveals that production in 2020 is estimated to be down by 9% with total volume of 174,500 MT. Planting area is estimated down 9% with total sowing area of 110,400 hectares. Growers have been active planting light speckled kidney beans (LSKB), red speckled kidney beans (RSKB) and purple speckled kidney beans (PSKB) due to increased market demand. However, farmers have much less interest in growing black beans and white beans this year which have been basically been planted for export markets. As a result, sowing area for black beans has declined this year but the sowing area for LSKB, RSKB and PSKB is roughly at the same level as last year.
 
Argentina:
A late May frost damaged about 5% of the bean crop in some of the Argentine planting areas. Weather is expected to be good for the remaining harvest through the end of June. To date, quality is good for kidney beans and alubias and we are estimating increased production. Black beans will be mixed, due to the wider production area and frost damage. For cranberries, this was not a good year, and most beans available are small size and regular quality. The 2020 crop is already being shipped, especially black and LRK. Exporters are still cautious when it comes to offering alubias and kidneys, because beans are just getting to the processing facilities but exports are following a healthy pace to date.

Dry Bean Trade Mission to Argentina

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U.S. Dry Bean Council representatives traveled to Argentina in June 2019 to meet with growers, agronomists, processors, agricultural technology experts and traders/exporters. While there, they gained a better understanding of the dry bean value chain in Argentina and trends in production and international marketing. Representatives from the Northarvest region included John Berthold, dealer and president of Green Valley Bean Company in Park Rapids, Minnesota, and Mark Dombeck, a bean grower near Perham, Minnesota.