The U.S. increases dry bean exports

Published 2022년 1월 24일

Tridge summary

Despite a 30% decrease in U.S. dry bean production, demand remains strong, particularly from Mexico, which is expected to have a small crop for the second year in a row. The U.S. Dry Bean Council anticipates increased exports due to this situation. The suspension of a 25% import tariff in the European Union for a year is seen as a positive development. Smaller markets like Costa Rica, Guatemala, Peru, and Japan are also increasing their purchases of U.S. beans. The COVID pandemic has also led to a surge in bean exports, attributed to healthy eating trends, the rise in veganism, and sustainability focus. The industry faces challenges such as anti-globalization trends and the shift towards zero tolerance MRLs for pesticides, but the U.S. Dry Bean Council is working to address these issues.

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Original content

Demand for American dry beans is exceptionally strong despite the small crop, says an industry official. Growers in the United States harvested 1.03 million tonnes of beans last year, down 30 percent from the previous year. Mexico is the biggest market for U.S. beans and they were very active buyers in 2020-21 due to a small domestic crop. That same situation appears to be playing out again in 2021-22. "It looks like a pretty bad year for Mexico," Rebecca Bratter, executive director of the U.S. Dry Bean Council, said during the Northarvest Bean Day webinar. The council is forecasting 650,000 tonnes of Mexican bean production, which would be similar to last year's 682,000 tonnes but well below the historic average of 838,000 tonnes. "When Mexico's production is down our exports are up," she said. There is also hopeful news out of the European Union where a 25 percent import tariff has been suspended for at least one year as the EU makes progress on its aluminum and steel spat with ...

Source: The Western Producer