Weekly Dry Bean Market News
Dry bean trading activity is steady with very good demand, according to USDA’s Weekly Market News. Contract product is moving steady. North Dakota and Minnesota grower prices for pinto beans jumped to $38 to $40 per cwt. Black beans remain steady at $25 to $28 per cwt and navy beans are at $28 to $35 […]
Dry Bean Planting Underway
The weekly Crop Progress Report from USDA puts dry bean planting (including chickpeas) in Montana at 4 percent complete. That compares to 5 percent last year and 9 percent average. Stay up to date on the latest planting progress here.
Paycheck Protection Program Funds Replenished via CARES Act 3.5
President Donald Trump signed a $484 billion coronavirus aid package. The legislation replenishes $310 billion for the Small Business Administration’s Paycheck Protection Program. The package also allows farmers to be eligible for Economic Injury Disaster Loans and the Emergency Economic Assistance Grant program. Get more information here.
USDA Announces Coronavirus Food Assistance Program
On April 17, Agriculture Secretary Sonny Perdue unveiled the Coronavirus Food Assistance Program. This new program takes several actions to assist farmers, ranchers, and consumers in response to the COVID-19 national emergency. President Donald Trump directed USDA to craft this $19 billion immediate relief program to provide critical support to producers, maintain the integrity of […]
Weekly Dry Bean Market News
Dry bean trading activity is slow to steady with very good demand, according to USDA’s Weekly Market News. Contract product is moving steady. North Dakota and Minnesota grower prices for pinto beans are at $32 to $38 per cwt. Black beans remain steady at $25 to $28 per cwt and navy beans are at $28 […]
April Crop Production Report Released
USDA released the April Crop Production report on Thursday. Those dry bean productions numbers can be found below.
Weekly Dry Bean Market News
Dry bean trading activity is slow to steady with very good demand, according to USDA’s Weekly Market News. Contract product is moving steady. North Dakota and Minnesota grower prices for pinto beans are at $32 to $38 per cwt. Black beans remain steady at $25 to $28 per cwt and navy beans are at $28 […]
Crop Insurance Flexibilities Added
USDA’s Risk Management Agency is authorizing self-certification on replant inspections and waiving witness signatures in certain situations as part of a broader suite of flexibilities to support producers during the coronavirus pandemic. Specifically, Approved Insurance Providers may allow the use of self-certification replant inspections for certain crops with 100 gross acres (before considering share) […]
Dry Bean Plantings Estimated to Rise
According to the USDA Prospective Planting report, U.S. farmers intend to plant 1.37 million acres of dry edible beans in 2020. That is up 7 percent from the previous year’s 1.29 million acres. Planted area is expected to be above last year in all estimating states except California. Minnesota farmers intend to plant 215,000 acres […]
Weekly Dry Bean Market News
Dry bean trading activity is slow to steady with very good demand, according to USDA’s Weekly Market News. Contract product is moving steady. North Dakota and Minnesota grower prices for pinto beans are at $32 to $38 per cwt. Black beans remain steady at $25 to $28 per cwt and navy beans are at $28 […]