Uptrending price of beans in Canada puts suppliers in risk

Caio Alves
Published 2021년 7월 16일
The uptrending prices for the main oilseeds and edible oils has been throwing bean acreage into a risk. Not only due to the Midwest and Prairies weather risk, but also due to the farming crop selection, of which it has been putting grains and pulses into a complicated spot. For one side weather is generating lower yielding, eventually leading to organically less product to trade and at a second level minor beans are purposely being produced in lesser amounts. Pinto beans increased $4/bag in a month, and cranberry beans are simply not being harvested out of Canada.
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