Initial Dry Bean Harvest Activity
WASHINGTON - Aug 14/18 - SNS -- Dry edible bean crops in the United States remain in mostly good condition, judging from state level reports issued by the USDA.
The overall crop appears to be in 10% excellent condition, 53% good, 23% fair, and 6% poor to very poor. Crops in Colorado continue to be in the worst condition overall, while those in Washington state are in the best overall condition.
Limited harvest activity was reported in parts of the growing area, though the main harvest has yet to start. North Dakota is most important producing state, and crop reporters there say 95% of the crop is setting pods, compared to 80% last year and the recent average of 76%. At the same time, 23% is now dropping leaves. That state's field pea harvest is well advanced, with 59% now in the bin, just ahead of 56% at this time last year.
Medium Kabuli Markets Collapse
PANAMA - Aug 10/18 - SNS -- Markets for medium and small caliber kabuli chickpeas came under intense pressure during the past week as markets expected a bearish USDA crop report.
Production in the United States was expected to set a record, but markets were surprised to see that output will likely exceed pinto beans for the first time in U.S. history.
In its latest crop report, the USDA boosted estimated land in chickpeas from an initial estimate of 662,300 acres to 822,000, well above last year's 623,800. The USDA reckons farmers planted 211,200 acres of small chickpeas, up from 179,500 last year; and 608,500 acres of large, compared to last year's 439,300 acres.
PANAMA - Aug 10/18 - SNS -- Dry edible bean production in the United States will be down from last year,…
PANAMA - Aug 10/18 - SNS -- Good progress with the North American field pea harvest combined with weakness…
PANAMA - Aug 10/18 - SNS -- Lentil markets finished the week with a generally easier undertone as harvests…