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 […]
Posted in: Bean BulletinAccording 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 […]
Posted in: Bean BulletinChina’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 […]
Posted in: Bean BulletinUSDBC 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 […]
Posted in: Bean BulletinOur 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 […]
Posted in: Bean BulletinFor many years the Dominican Republic (DR) has been one of the top export destinations for US dry bean exports in the Americas and is the top export market in the region (minus Mexico) for the period September – July 2019 at 26,000 MT. This is down slightly from the same period in 2018 which […]
Posted in: Bean BulletinOn 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. […]
Posted in: Bean BulletinLast 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 […]
Posted in: Bean BulletinPortland, OR The U.S. dry bean industry looks forward to new opportunities to grow market share in Japan with the announcement of an initial trade agreement that eliminatesimportdutieson most classes of U.S. dry beansas of January 1, 2020. The U.S. has maintained a steady and consistent market share in Japan but the lack of a […]
Posted in: Bean BulletinWe 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% […]
Posted in: Bean Bulletin