Turkey Trade Mission Reveals Future Opportunities

November 22, 2019

  Trade dynamics with Turkey can be challenging and influenced by numerous variables. We are optimistic about reports from a USDBC trade delegation that returned from Turkey last week confirming that contacts remain strong as does interest in purchasing US dry beans. Turkey’s own domestic dry bean production has been declining over the past decade […]

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Mexico Bean Production Numbers Continue Decline

November 22, 2019

According to our Mexican market intelligence, as of November, Mexican dry bean production estimates have continued to the decline as harvest is wrapping up. In Chihuahua, some lots were not even harvested due to frost that occurred at the end of October and first week of November. Pinto beans are practically sold out. Zacatecas is […]

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China Bean Production Facing Challenges

November 22, 2019

China’s bean harvest  runs from late August until late October/mid November. Due to rain in Southwest and North China and low temperatures in the north from July to September, the overall production of dry beans was a slightly lower than what industry projected at the China Pulse Conference held in August this year. The USDBC […]

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USDBC Receives 2020 Global Trade Funding Allocation

November 22, 2019

USDBC will be receiving a grant of around $1.1 million in Market Access (MAP) and Foreign Market Development (FMD) program funding to promote global trade in 2020 from USDA’s Foreign Agricultural Service (FAS). With anticipated additional funding from Emerging Markets and Global Broad Based Initiatives Programs, as well as Agricultural Trade Promotion (ATP) funding that […]

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SECOND ASSESSMENT CONFIRMS SHORT CROP IN MEXICO

October 21, 2019

Our re-survey of the Mexican 2019 Spring-Summer dry bean crop confirmed definitively that the bean planting surface was reduced as a result of the drought from June-August, the critical growing period. As a result, production is estimated at 417,101 MT, 54% less than SIAP’s (Mexican agricultural data Secretariat) estimates and 52.5% less than the average […]

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NEW U.S./JAPAN AGREEMENT COULD BOOST US DRY BEAN EXPORTS

October 21, 2019

On October 7, 2019 the U.S. and Japan signed a trade agreement with the explicit goal, according to the USTR “to open markets and support expansion of U.S. food and agricultural exports, increase farm income, generate more rural economic activity, and promote job growth.” A trade agreement with Japan has always been a top U.S. […]

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GEARING UP FOR WORLD PULSES DAY 2020

October 21, 2019

Last year we celebrated the first annual World Pulses Day (WPD) on February 10, 2019. As the declaration of WPD was made in January 2019, without a long lead time, we celebrated at our annual Mexico Bean Congress in Cancun. This year, in anticipation of the event, we applied and received special funding through the […]

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MEXICO BEAN HARVEST AND PRODUCTION POST BIG DECREASES

September 20, 2019

We have been reporting on the possibility of a diminished dry bean harvest in Mexico as a result of weather challenges. Our August Planting Intentions report confirms that the extended drought in Mexico during the critical planting period resulted in an almost 50% decrease in bean planting surface and a production drop of over 56% […]

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