STAT Communications Ag Market News

Edible Bean Buyers Re-emerge

VANCOUVER - Jul 17/10 - SNS -- Dry edible bean markets posted a mixed performance during the past week even as demand appeared to reemerge from Europe and other destinations.

Spot and new crop markets in North American seem to be starting to converge, causing the spot market index for U.S. origin beans drop another 8 points to 1034 points, while the spot grower bid index fell 29 points to 932.

Limited trading activity was reported in new crop shipping positions for several classes of U.S. origin dry edible beans.