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USDA Cuts Bean Estimate to 807,403 MT
WASHINGTON - Jan 12/05 - SNS -- U.S. dry edible bean production is estimated at 17.8 million cwt or 807,403 metric tons (MT) for 2004, down 2% from the December forecast and 21% below last year, according to the USDA's 2004 annual crop production summary.
Harvested acreage is estimated at 1.22 million acres, down less than 1% from the last forecast and 9% below 2003. The average U.S. yield is estimated at 1,460 pounds per acre, a decrease of 19 pounds from the December forecast and 210 pounds below a year ago.
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