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Beans Finish Unchanged to Easier
VANCOUVER - Jun 3/05 - SNS -- North American dry edible beans finished the week unchanged to slightly easier as the industry makes the transition from current to new crop trading, with the U.S. spot market index slipping two points on the week to 842 points.
The change is taking place earlier than usual because of tight old crop stocks and substantial new crop discounts for new some classes of beans. A growing number of U.S. processors report they are essentially sold out of physical product until new crop.
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