According to a tweet from President Donald Trump, the U.S. and China are trying to secure a new location to sign a tentative trade deal. President Trump and Chinese President Xi were expected to meet during the Asia-Pacific Economic Cooperation Summit in Chile, but that event was canceled due to ongoing protests. Trump said phase one is about 60 percent of the total trade agreement.
According to the U.S. Dry Bean Council, the first planting and production report from China indicates dry edible bean planting areas in major Chinese production regions continues to decline. China’s total dry bean production is expected to be 166,000 metric tons, a decrease of 23 percent from 2018. Additionally, Chinese exports of dry beans have declined over the past five consecutive years (in value terms), while domestic consumption has kept growing. Exports in 2018 were down almost 25 percent from 2017 at 211,000 MT, and down 66.4 percent from 2013. Read more.
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