Mexican Bean Estimate Plunges
VANCOUVER - Dec 30/11 - SNS -- Dry edible bean production in Mexico will drop to its lowest level since 1989 as a result of drought conditions which led to a reduction in seeded area and slashed forecast yields for those beans that were planted.
The situation in the country was not helped by severe frost events in Sinaloa, which hurt early seeded chickpeas and any beans which may be growing in the affected areas.
Based on estimates from Mexico's Secretariat of Agriculture, Livestock, Rural Development, Fishery and Food (SAGARPA), the U.S. agricultural attache for the country now believes production in the 2011-12 cropping cycles will not exceed 600,000 metric tons (MT), well below initial forecasts of an 880,000 MT harvest.
"Dry bean output for the 2011 spring-summer harvest was reduced sharply due to drought, which reduced harvested area; and which official and private sources stated that this was the most severe drought in northern Mexico in the past eight decades."
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