Demand for American dry beans is exceptionally strong despite the small crop, says an industry official.
Original content
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 the U.S. The tariff is still in place in the United Kingdom but there are signs that it too is willing to ...
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