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Weekly Dry Bean Market News

According to USDA’s Weekly Market News, trading activity remains slow for dry edible beans with very light demand. Contract product is moving steady. Grower prices for all classes of dry beans remain unchanged from one week ago. View the report here.

Mexico Dry Bean Sales are Slow

Dry bean traders in the different Mexican markets consider the economy, in general, is very slow. With slow sales, there is therefore more dry bean product in storage than expected. This is not allowing for regular trading flow, and reportedly payments for imported beans have been delayed.
 
Mexico Imports from January to April 2019
  • Mexico’s accumulated bean imports from all origins totaled 35,573 metric tons, with a value of $27,611 ,060 U.S.
  • From these, 31,323 MT were U.S. beans with a value of $23,559,075 U.S.
  • Since January 2019, 18,297 MT of U.S black beans, 9,979 MT of U.S pinto beans and 3,047 MT of U.S white beans have been imported by Mexico.
northarvest bean day

A Variety of Bean Classes Bought by USDA

USDA has purchased a variety of dry edible bean classes for distribution to the child nutrition and other related domestic food assistance programs for Fiscal Year 2019. The purchase total is over $1.9 million and included baby lima, blackeye, Great Northern, light red kidney and pinto beans. More details on the purchase can be viewed here.

Dry Bean Solicitation

USDA has issued a solicitation dry beans for use in the National School Lunch and other Federal Food and Nutrition Assistance programs. A total of 87,475 hundredweight of dry beans are being sought, including blackeye, baby lima, Great Northern, light red kidney and pinto beans. Bids are due May 13.
 

Dry Bean Tender

USDA’s Agriculture Marketing Service has issued the following solicitation for various classes of dry beans for use in the National School Lunch Program and other Federal Food and Nutrition Assistance Programs. Bids are due Tuesday, February 19.

View the solicitation.