Argentina's Kidney Bean Exports Reveal Weak Month
PANAMA - Mar 30/20 - SNS -- Exports of kidney beans for Argentina eased compared to the previous month in December, available data from Instituto Nacional de Estadistica y Censos shows.
Export sales totalled 45,797 metric tons (MT) in the month, down 18% from the 55,800 MT exported the previous month. Movement so far total 431,401 MT, compared to 320,825 during the previous calendar year.
Brazil was the number one destination, receiving 9,515 MT. Turkey was the second most important destination taking 6,310 MT, followed by Algeria at 6,033 MT.
Coronavirus Affecting Commodity Movement
PANAMA - Mar 27/20 - SNS -- The other shoe is dropping in the global coronavirus or COVID-19 pandemic, with the movement of commodities starting to be affected in parts of the world.
One of the most glaring example was India during the past week. Local officials in several states closed the markets farmers use to sell what they grow. At the same time, others are interfering with the movement of pulses from other regions unless the trucks have permits.
The central government is trying to clarify the rules to allow farmers to buy what they need to plant summer crops. Those account for a small portion of the country's annual agricultural production, but the need to allow farmers to have access to planting seed, chemicals and labor will be more critical once the kharif or monsoon planting season gets underway.
Spot Lentil Undertone Improving
PANAMA - Mar 27/20 - SNS -- International lentil markets finished the week on a mixed note despite good…
Strong Spot Demand Props Up Beans
PANAMA - Mar 27/20 - SNS -- International dry edible bean markets closed the week's trading on a firm…
Improved Demand For Chickpeas
PANAMA - Mar 27/20 - SNS -- International chickpea markets closed the week on a relatively positive note,…
