STAT Communications Ag Market News

United States Pinto Bean Grower Price Review

VANCOUVER - Sep 6/10 - STAT -- United States Pinto Bean markets finished the 2009-10 marketing year with prices offered to growers falling 4% below the recent three year average annual price offered to growers in that country.

The average price paid for Pinto Bean was USD$26.13 per 100 pounds (cwt), compared to an average annual bid of $27.27 during the latest three year period for farmers dressed merchandise delivered processing plants.

Analysis of the monthly bid pattern reveals growers the highest monthly average bid was $32.00 per cwt in November, while the lowest monthly average bid level was $21.75 per cwt in August.

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