Dry Beans Included in New MFP Program
The new round of trade-related assistance totals $16 billion with $14.5 billion going to Market Facilitation Program payments. Rather than different rates for the various commodities, USDA Undersecretary Bill Northey said farmers will now be paid based on a single county rate. “The team has gone through and looked at the trade damage each county […]
Weekly Dry Bean Market News
Compared to a week ago, trading activity was slow with very light demand. Contract product is moving steady. View the report here.
USDA Crop Progress – May 20
North Dakota farmers made planting progress over the last week, with over five days fit for fieldwork. Dry bean plantings are reported at 23 percent, compared to two percent last week. That is near 25 percent last year and 24 percent average. Minnesota farmers took advantage of four and one-half days of suitable fieldwork […]
Department of Agriculture Working on New Trade Mitigation Package
The U.S. Department of Agriculture is in the middle of developing a trade assistance program for farmers. According to Agriculture Secretary Sonny Perdue, there are very few details available at the moment. The new trade package is expected to cost between $15 and 20 billion, which is the general calculation of the damage to U.S. […]
Weekly Dry Bean Market News
Compared to a week ago, trading activity was slow with very light demand. Contract product is moving steady. View the report here.
USDA Crop Progress – May 13
North Dakota farmers made planting progress over the last week, with over five days fit for fieldwork. Dry bean plantings are reported at two percent, which is near four percent last year and behind seven percent average. Minnesota farmers took advantage of just over three days of suitable fieldwork the past week. Dry bean […]
Weekly Dry Bean Market News
Compared to a week ago, trading activity was slow with very light demand. Contract product is moving steady. View the report here.
Crop Progress – May 6
North Dakota farmers made planting progress over the last week, with reports of wheat, corn, canola and other crops being planted. Dry bean plantings are reported at one percent, unchanged from the previous week and near two percent average. Just two days were suitable for fieldwork in Minnesota, but farmers across the state made […]
Dry Bean Solicitation
USDA has issued a solicitation dry beans for use in the National School Lunch and other Federal Food and Nutrition Assistance programs. A total of 87,475 hundredweight of dry beans are being sought, including blackeye, baby lima, Great Northern, light red kidney and pinto beans. Bids are due May 13. View the offer here.
Weekly Dry Bean Market News
Compared to a week ago, trading activity was slow with very light demand. Contract product is moving steady. Mexican peso per US dollar exchange rate is 18.99. View the report here.