Problems with ocean freight and small sizes in Argentina could boost the price of Leon beans

Published Sep 1, 2021

Tridge summary

The bean campaign in León, Spain, has commenced with the early variety "painted" bean, with other varieties expected to follow. Initial harvests have shown good results in yield, quality, and size. Trading will begin next week, as current deliveries are not yet substantial. The potential negative effects of increased maritime freight costs and small bean sizes from Argentina may result in higher prices for national beans. Approximately 4,253 hectares in León have been planted, accounting for about 60% of Spain's estimated national bean production of 10 million kg.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The bean campaign has started in the province of León. At the moment, the earliest variety is "painted" and the others will gradually be incorporated. To date, the few farms collected have had good yields, good quality and good sizes, they say from the Lonja de León. It will not start trading until next week, since the merchandise delivered, at the moment, is not significant, but everything indicates that the problems of maritime freight in Argentina together with small sizes can benefit the prices of national beans. Say, they emphasize from the Lonja de León, that the price of container maritime transport has increased to levels never seen before and that when space is found in shipping companies, in addition to an insecurity in deliveries. ...

Source: Castilla