The bean harvesting campaign begins in León with an upward trend in prices

Published 2020년 9월 3일

Tridge summary

The bean campaign in León, Spain, has commenced, with the province being the country's main producer, accounting for over 60% of the national supply. Prices are expected to rise due to empty warehouses from the previous campaign and a scarce Argentine harvest, which has seen losses of around 30% due to drought. The Legume Chamber of the Argentine Republic (CLERA) reports that bean sizes are small and yields are below average, leading to a shortage of beans for sale in markets. As a result, prices in Spain have surged to approximately $1.40 - $1.50 per kg, including cost and cargo, with the buyer also bearing additional expenses such as insurance, unloading, storage, and transport. Spain consumes around 70,000 tons of beans annually, with over half being imported, mostly from Argentina.

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Original content

It has begun, they recall from the Lonja in a press release, the bean campaign in the province of León, the main producer at the national level with more than 60% of the total of this legume and everything seems to indicate a clear upward trend in prices with respect to the last season. Two factors are decisively influencing this perception. On the one hand, the new campaign begins without stocks from the past and therefore with empty warehouses, saying that legumes were the product that increased its sales the most during the confinement days of March and the dates following the same with 335% , well above rice and pasta with 259% and cellulose for the home (toilet paper) with 170%. In second place, the Argentine harvest has been very scarce with losses of around 30% due to the drought. As reported by the Legume Chamber of the Argentine Republic (CLERA) in Pinta beans, the yields are well below the average, with very small sizes and there are no more lots available of this bean ...

Source: Castilla