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Bean Prices Weaken As Crop Rises
WASHINGTON - Aug 18/05 - SNS -- The first forecast for the 2005 dry edible bean crop indicates a 45% increase from the small crop of a year ago as growers in the United States responded to depleted stocks and stronger dry bean prices in 2004-05 by increasing planted area.
As a result, estimated area available for harvest is forecast to rise 26% to 1.53 million acres. Harvested area was expected to be up in every State except Utah and Texas--where area for harvest is expected to be steady, notes Gary Lucier in the USDA's Economic Research Service August, 2005 Vegetables and Melons Outlook report.
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