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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 to $30 per cwt. Light red kidney bean bids come in at $40 to $43 cwt and dark reds dropped to $34 to $39 cwt.
Grady Thorsgard - Harvest (black and pinto)

Dry Bean Harvest Progress – September 28

North Dakota – Harvest was 74% complete, well ahead of 36% last year and 67 percent average.
 
Minnesota – Harvest was 71% complete, well ahead of 34% last year, but behind 75% average.
 
Wyoming – Dry edible beans cut are 64%. Harvest is at 66%, ahead of 51% last year and 57% average.
 
Colorado – Dry edible beans cut are 59%. Harvest is at 13%, behind 29% last year and 41% average.
 
Nebraska – Harvest was 75% complete, ahead of 61% last year.
 
Michigan – Dry edible beans mature are at 55%. Harvest was 37% complete, ahead of 15% last year and on track with 35% average.
 
Idaho – Harvest was 82% complete, ahead of 60% last year but behind 79% average.
 
Oregon – Harvest was 71% complete, behind 77% last year and 83% average.
 
Washington – Harvest is wrapping up at 95% complete, compared to 62% last year and 84% percent average.
 
View the latest USDA Weekly Crop Progress Report here.

USDA Announces Another Round of CFAP Payments

USDA is implementing a second Coronavirus Food Assistance Program for agricultural producers who continue to face market disruptions and associated costs because of COVID-19.This new round of assistance will offer up to an additional $14 billion.
 
Payment calculations will be made for three categories of commodities: price trigger commodities, flat-rate crops and sales commodities. The new calculations offer at least $15 per acre for crops.There is a payment limit of $250,000 per person or entity for all commodities.The sign-up opens on September 21 and goes through December 11.
 
A CFAP 2 producer webinar is scheduled for September 24 at 2:00 p.m. Central Time. Register here. More information on the program is available at farmers.gov/cfap.

Weekly Dry Bean Market Review

 
Dry bean trading activity is steady and new crop values are being established, according to USDA’s Weekly Market Review. North Dakota and Minnesota grower prices for pinto beans are $23 to $24.25 per cwt. Black bean prices range from $24 to $25 per cwt and navy beans at $26-27 per cwt. Light red kidney bean bids come in at $40 to $43 cwt and dark reds range from $38 to $44 cwt.
2018 harvest w/ tractor.

Harvest Progress Report – September 14

North Dakota – Dry edible beans dropping leaves was 90%, ahead of 82% last year and equal to average. Harvested was 29%, ahead of 12% last year, but behind 38% average.
 
Minnesota – Dry edible beans dropping leaves was 85%, ahead of 76% last year and behind 88% average. Harvested was 20%, ahead of 10% last year, but behind 34% average.
 
Wyoming – Dry edible beans cut are 47%, ahead of 26% last year and 41% average. Harvested was 21%, ahead of 6% last year and 15% average.
 
Colorado – Dry edible beans cut are 33%, ahead of 17% last year, but behind 36% average. Harvest has just begun at 5% complete, behind 7% last year and 15 average.
 
Nebraska – Dry edible beans dropping leaves was 75%, well ahead of 52% last year. Harvested was 26%, ahead of 8% last year.
 
Michigan – Dry edible beans dropping leaves was 68%, ahead of 42% last year and 52% average.
 
Idaho – Dry edible bean harvest was 31% complete. That is behind 34% last year and 61% average.
 
Oregon – Dry edible bean harvest was 28% complete. That is behind 45% last year and 62% average.
 
Washington – Dry edible bean harvest was 53% complete. That compares to 26% last year and 62% percent average.
 
View the latest USDA Weekly Crop Progress Report here.

September Crop Production Report Released

USDA released the September 2020 Crop Production Report. List below are the dry edible bean numbers. The full report is available here.
 
 
 Special note: The forecasts in this report are based on conditions as of September 1. Any potential impacts from the below freezing temperatures that occurred after September 1 will be reflected in future reports.

Dry Beans Sought in Section 32 Purchase

USDA invites offers to sell dry edible beans under Section 32 pursuant to the AMS Master Solicitation for use in the National School Lunch Program and other Federal Food and Nutrition Assistance Programs. Bids are due Thursday, September 17 by 1:00 p.m. CST. View the solicitation.

Weekly Dry Bean Market Review

Dry bean trading activity is steady and new crop values are being established, according to USDA’s Weekly Market News. Contract product is moving steady. North Dakota and Minnesota grower prices for pinto beans are $23 to $24.25 per cwt. Black bean prices range from $24 to $25 per cwt and navy beans at $25-27 per cwt. Light red kidney bean bids come in at $40 to $43 cwt and dark reds range from $38 to $44 cwt.
2018 harvest w/ tractor.

Harvest Progress Report – September 8

North Dakota – Dry edible beans dropping leaves was 78%, ahead of 73% last year, but near 80% average. Harvested was 11%, ahead of 6% last year, but behind 24% average.
 
Minnesota – Dry edible beans dropping leaves was 62%, equal to 62% last year and behind 68% average. Harvested was 10%, ahead of 4% last year, but behind 14% average.
 
Wyoming – Dry edible beans turning color was 69%, behind 78% last year and 79% average. 40% are cut, ahead of 5% last year and 23% average. Harvested was 14%.
 
Colorado – Dry edible beans cut are 16%, ahead of 5% last year, but behind 21% average. Harvest has just begun at 2% complete.
 
Nebraska – Dry edible beans dropping leaves was 45%, well ahead of 25% last year. Harvested was 25%.
 
Michigan – Dry edible beans dropping leaves was 37%, ahead of 15% last year and 27% average. Maturity was 1%.
 
Idaho – Dry edible bean harvest was 15% complete. That is behind 25% last year and 43% average.
 
Oregon – Dry edible bean harvest was 17% complete. That is behind 40% last year and 52% average.
 
Washington – Dry edible bean harvest was 48% complete. That compares to 17% last year and 46% percent average.
 
View the latest USDA Weekly Crop Progress Report here.