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Weekly Dry Bean Market Review

Dry beans under contract are moving at a steady pace with current crop prices steady with moderate demand. According to report contacts, rail cars, trucks and containers are getting harder to source.
 
USDA Market News puts the grower price for black beans this past week was $27 to $32 per hundredweight (cwt). Pinto beans range from $30 to $32 per cwt. Navies are at $32 per cwt. Kidney bean prices increased to $40 to $44 per cwt for lights and darks.
 
View the USDA Weekly Market Review for March 23.

Weekly Dry Bean Market Review

Dry bean trading activity is steady according to USDA’s Weekly Market Review. North Dakota and Minnesota grower prices for pinto beans are $22 to $23 per cwt. Black bean prices range from $24 to $25 per cwt and navy beans at $26 per cwt. Light red kidney bean bids come in at $40 to $43 cwt and dark reds dropped to $34 to $39 cwt.

Weekly Dry Bean Market News

Compared to a week ago, trading activity was slow with very light demand. Contract product is moving steady. Mexican peso per US dollar exchange rate is 18.8753.
 

Weekly Dry Bean Market News

Compared to a week ago, trading activity was slow with very light demand. Contract product is moving steady. Mexican peso per US dollar exchange rate is19.2090.

View the report here.

Week Dry Bean Market News

Compared to a week ago, trading activity was slow with very light demand. Contract product is moving steady. North Dakota is reporting issues from the weather effecting processing and getting rail cars. The PNW is still getting a winter with more snow in the future forecast. Mexican peso per U.S. dollar exchange rate is 19.3191. View the report here.

USDA Dry Bean Market News

Compared to a week ago, trading activity was slow with very light demand. Contract product is moving steady. North Dakota is reporting issues from the weather effecting processing and getting rail cars. The PNW is still getting a winter with more snow in the future forecast. Mexican peso per US dollar exchange rate is 19.1548. View the report.

USDBC to Study Cuba Market Opportunities in 2019

For the first time, the 2018 Farm Bill allows for the use of USDA Foreign Agricultural Service market promotion funding to conduct export development activities in Cuba. In the past, U.S. agricultural trade organizations have used private funding to promote trade with Cuba.

Despite the fact that many financial and banking restrictions remain in place, this is a win for U.S. agricultural trade. The U.S. Dry Bean Council will conduct an initial market scoping exercise in the second quarter of 2010, with the goal to put together a trade mission to the island in late 2019 or early 2020.

(Source: U.S. Dry Bean Council)

USDA Dry Bean Market News

Compared to a week ago, trading activity was slow with very light demand. Contract product is moving steady. Mexican peso per US dollar exchange rate is 19.1456. View the report.