Posts

Chinese Dry Bean Production, Exports Continue to Decrease

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.

Agricultural Trade Promotion Funding Awarded for Dry Beans

USDA has awarded $100 million to 48 organizations through the Agricultural Trade Promotion Program. The program aims to help U.S. farmers identify and access new export markets. The U.S. Dry Bean Council has received over $2 million in funding, with $1.4 million awarded in January and another $615,000 in July.
 
More details can be found here.