Weekly Dry Bean Market Review

SPECIAL NOTE: The next report will be released after the Christmas and New Year holidays on January 5, 2021. View the USDA Weekly Market Review from December 15.

Weekly Dry Bean Market Review

The dry beans under contract are moving at a steady pace with a firm undertone to prices. USDA Market News says the grower price for black beans this past week was $23 to $29 per hundredweight (cwt), unchanged from the previous week. Pinto beans are up at $24 to $30 per cwt. Navies are unchanged […]

Biden Starts Picking Leadership

Former Ag Secretary Tom Vilsack is the Biden transition team’s nominee to lead the USDA, but Vilsack wasn’t the only Cabinet nominee announced. Ohio Congresswoman Marcia Fudge will lead the Secretary of Housing and Urban Development. Fudge was considered in the running to lead the USDA at one point. The U.S. Trade Representative will be […]

Weekly Dry Bean Market Review

The dry beans under contract are moving at a steady pace with a firm undertone to prices. USDA Market News says the grower price for black beans this past week was $23 to $25 per hundredweight (cwt), unchanged from the previous week. Pinto beans are up $1 per cwt at $23 to $27 per cwt. […]

USDA Seeks Beans

The U.S. Department of Agriculture (USDA) announced plans to purchase $15 million in dry edible beans for distribution to various food nutrition assistance programs. Purchases will be made under the authority of Section 32 with the purpose to encourage the continued domestic consumption of these products by diverting them from the normal channels of trade […]

Weekly Dry Bean Market Review

The dry beans under contract are moving at a steady pace with a firm undertone to prices. USDA Market News says the grower price for black beans this past week was $23 to $25 per hundredweight, unchanged from the previous week. Pinto beans are up $1 per hundredweight at $23 to $26 per hundredweight. Navies […]

USDA Purchases Beans

USDA has purchased dry edible beans for child nutrition and other related food assistance programs for Fiscal Year 2021. The purchase totals over $302,000 and includes light red kidney, pinto and Great Northern beans.   View the full purchase.

New Crop Insurance Option for 2021

USDA’s Risk Management Agency (RMA) recently released a new crop insurance option for dry edible beans, along with 30 other crops. The New Enhanced Coverage Option (ECO) provides additional area-based coverage for a portion of underlying crop insurance policy deductible.  A fact sheet on the ECO option is available here: Enhanced Coverage Option (ECO). An article […]

Crop Production Surveys Coming from USDA

USDA’s National Ag Statistics Service (NASS) will be contacting farmers to gather final year-end crop production numbers and the amount of grain stored on their farms. The responses to the survey will be used in calculating county-level yields. Survey results will be published in several reports, including the Crop Production Annual Summary and the Quarterly […]

Weekly Dry Bean Market Review

  SPECIAL NOTE: The next report will be released after the Thanksgiving holiday on December 1. View the USDA Weekly Market Review from November 17.