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USDA Drops Dry Bean Production Forecast in October Report

USDA released its October Crop Production Report on Thursday. U.S. production of dry edible beans is forecast at 23.8 million cwt, down three percent from the August forecast and down 37 percent from 2018. Area planted is estimated at 1.31 million acres, down two percent from the August forecast and down 37 percent from 2018. Area harvested is forecast at 1.26 million acres, down two percent from the August forecast and 37 percent below 2018.
 
Acreage updates were made in several states based on a thorough review of all available data. The average United States yield is forecast at 1,889 pounds per acre, a decrease of 30 pounds from the August forecast, but an increase of 29 pounds from last season. Beginning in 2019, estimates no longer include chickpeas.