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NDSU Extension Launches Monthly Marketing Webinar

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Agricultural producers, agribusinesses and others who want to know more about current and expected market conditions and their impact on North Dakota’s economy will be able to participate in monthly webinars presented by NDSU Extension.
 
“While 2020 saw many unprecedented disruptions, current farm financial and commodity market conditions continue to evolve with optimism for the next year and beyond,” says David Ripplinger, NDSU Extension bioproducts/bioenergy economist.
 
Webinar topics will vary month to month, but each will include coverage of the agricultural economy, farm financial conditions, and crops and livestock markets. Farm program updates also will be covered as they are announced. Participants will have an opportunity to ask questions at the end of each webinar.
 
To learn more about the webinar series and to register for future webinars, visit https://www.ag.ndsu.edu/farmmanagement/outlook. Recordings and presentations from completed webinars will be archived on that page.

U.S. is Colombia’s Top Dry Bean Supplier

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So far this marketing year, the U.S. has been Colombia’s top dry bean supplier. The top bean classes shipped to Colombia are navy beans (1,045 MT), light red kidney beans (482 MT), dark red kidney beans (421 MT), small red beans (379 MT), and pinto beans (290 MT).

Currently there is demand for navy beans, small red beans, and LRKBs. Black bean prices are up from January; demand is on the rise due to the influx of Venezuelan immigrants. The cargamanto blanco bean harvest that ended in January was good quality and quantity, dampening prices and lowering current demand for cranberry beans or pinto.