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Weekly Dry Bean Market Review

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USDA Market News reports trading of dry beans remains mostly light with moderate demand. New crop prices for all pulses remain steady to firm.
 
For pintos, the grower price in Minnesota and North Dakota is $45-to-$47 per hundredweight. That’s unchanged from the prior week’s report. Black beans are down slightly from the previous week at $45-to-$48 per hundredweight. Navies are unchanged at $42 per hundredweight. Dark red and light red kidney bean prices are at $44-to-$45 per hundredweight.
 
The USDA Crop Progress Report released November 1, 2021 has dry bean harvest at
95% complete for Colorado, Michigan at 99%, Nebraska at 96% and North Dakota at 95%.
 

U.S. Dry Bean Production Expected to Decline

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USDA released the latest Crop Production Report on October 12. U.S. production of dry beans is forecast at 22.6 million cwt, down 3 percent from the August forecast and
down 31 percent from 2020. Area planted is estimated at 1.40 million acres, down 4 percent from the August forecast and down 20 percent from 2020. Area harvested is forecast at 1.34 million acres, down 4 percent from the August forecast and down 20 percent from 2020. The yield is forecast at 1,686 pounds per acre, an increase of 11 pounds from the August forecast, but a decrease of 280 pounds from last season.
 
In North Dakota, dry bean production is forecast at 5.95 million cwt, down 53% from 2020. Area for harvest, at 640,000 acres, is down 18% from last year. Yield is estimated at 930 pounds per acre, down 700 pounds per acre from last year.
 
Minnesota dry bean production is forecast at 4.47 million cwt, down 19 percent from last year. An expected 229,000 acres will be harvested, with an expected yield of 1,950 pounds per acre.

Crop Progress Report – October 12, 2021

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According to USDA’s Crop Progress Report, dry edible bean harvest in North Dakota was 90%. That behind 95% last year, but ahead of 80% average.
 
Topsoil moisture supplies in North Dakota were 27% very short, 27% short, 41% adequate, and 5% surplus. Subsoil moisture supplies rated 36% very short, 29% short, 32% adequate, and 3% surplus.
 
In Minnesota, dry beans harvested was 92%. That’s equal to 96% last year and ahead of 88% average.
 
Topsoil moisture supplies in Minnesota were 4 percent very short, 21 percent short, 70 percent adequate and 5 percent surplus. Subsoil moisture supplies were rated 11 percent very short, 36 percent short, 51 percent adequate and 2 percent surplus.
 
Get the latest Crop Progress numbers.

Weekly Dry Bean Market Review

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USDA Market News reports trading of dry beans remains mostly light with moderate demand. New crop prices for all pulses remain steady to firm.
 
For pintos, the grower price in Minnesota and North Dakota is $48-to-$50 per hundredweight. That’s unchanged from the previous week. Black beans are unchanged at $48-to-$49. Navies are unchanged at $42 per hundredweight. Dark red and light red kidney bean prices are steady at $44-to-$49 per hundredweight.
 

Crop Progress Report – Sept. 27, 2021

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According to USDA’s Crop Progress Report, dry edible bean harvest in North Dakota was 73%. That’s near 71% last year and ahead of 63% average.
 
Topsoil moisture supplies in North Dakota were 32% very short, 39% short, 28% adequate, and 1% surplus. Subsoil moisture supplies rated 41% very short, 35% short, 23% adequate, and 1% surplus.
 
In Minnesota, dry beans harvested was 72%. That’s ahead of 67% last year and 69% average.
 
Topsoil moisture supplies in Minnesota were 9% very short, 24% short, 65% adequate and 2% surplus. Subsoil moisture supplies were rated 17% very short, 37% short, 45% adequate and 1% surplus.
 
Dry beans were 96% harvested in Montana (including Chickpeas), 81% in Idaho, 95% in Washington, 74% in Colorado, 63% in Nebraska, 74% in Wyoming and 64% in Michigan. Get the latest Crop Progress numbers.

Weekly Dry Bean Market Review

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USDA Market News reports that trade remains mostly light, though higher than recent reports, with good demand compared to last week. New crop prices for all pulses remain steady to firm. Grower prices for black beans in North Dakota and Minnesota are at $45-to-$47 per hundredweight (cwt). Pinto bean prices are at $45 per cwt. Navy beans are at $42 per cwt. Dark red and light red kidney bean prices are at $45-to-$49 per cwt.

View the September 14 report.

Crop Progress Report – Sept. 13, 2021

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According to USDA’s Crop Progress Report, dry edible bean condition in North Dakota rated 16% very poor, 30% poor, 37% fair, 16% good, and 1% excellent. Dropping leaves was 93%, ahead of 88% last year, and near 89% average. Harvested was 39%, ahead of 26% last year and 32% average.
 
Topsoil moisture supplies in North Dakota were 28% very short, 36% short, 34% adequate, and 2% surplus. Subsoil moisture supplies rated 42% very short, 32% short, 25% adequate, and 1% surplus.
 
In Minnesota, dry beans rated 12% very poor, 24% poor, 45% fair, 17% good, and 2% excellent. Dropping leaves was 91%, ahead of 82% last year and 84% average. Harvested was 35%, ahead of 19% last year and 26% average.
 
Topsoil moisture supplies in Minnesota were rated 15% very short, 28% short, 55% adequate and 2% surplus. Subsoil moisture supplies were rated 22% very short, 40% short, 37% adequate and 1% surplus.
 
Dry beans were 85% harvested in Montana (including chickpeas), 60% harvested in Idaho, 81% in Washington, 35% in Colorado, 34% in Nebraska, 22% in Wyoming and 6% in Michigan. Get the latest Crop Progress numbers.

Section 32 Dry Bean Purchase

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The U.S Department of Agriculture has purchased dry edible beans via Section 32 for distribution to the child nutrition and other related domestic food assistance programs for Fiscal Year 2021. The purchase includes 174,720 CS of navy beans, totaling more than $2.46 million.
 

Weekly Dry Bean Market Review

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USDA Market News reports that firm grower prices continue across the pulse industry, with mixed demand and minimal trade.
 
Grower prices for black beans in North Dakota and Minnesota are at $40-to-$45 per hundredweight (cwt). Pinto bean prices are at $40-to-$45 per cwt. Navy beans are at $35-to-$37 per cwt. Dark red and light red kidney bean prices are at $44-to-$48 per cwt.
 

Crop Progress Report – August 16, 2021

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According to USDA’s Crop Progress Report, dry edible bean condition in North Dakota rated 22% very poor, 33% poor, 33% fair, 11% good, and 1% excellent. Blooming was 95%, near 91% last year and 97% average. Setting pods was 86%, ahead of 77% last year, but near 87% average. Dropping leaves was 17%, ahead of 9% last year, and near 16% average.
 
Topsoil moisture supplies in North Dakota were rated 55% very short, 36% short, 9% adequate, and 0% surplus. Subsoil moisture supplies rated 56% very short, 32% short, 12% adequate, and 0% surplus.
 
In Minnesota, dry beans rated 11% very poor, 21% poor, 51% fair, 15% good, and 2% excellent. Dropping leaves was 13%, ahead of 11% last year and 5% average.
 
Topsoil moisture supplies in Minnesota were rated 46% very short, 38% short, 16% adequate and 0% surplus. Subsoil moisture supplies were rated 43% very short, 41%
short, 16% adequate and 0% surplus.
 
Get the latest Crop Progress numbers.