Mexico -- Dry Edible Bean Supply-Demand Forecast

WASHINGTON - Apr 4/12 - SNS -- Mexico's drought will continue to affect dry edible bean and othe rpulse crops through at least the beginning of the coming rainy season, believe agricultural officials in Mexico.

Reporting on the situation, the U.S. agricultural attache for the country said it is being battered by its worst drought in seven decades, which has devastated agricultural production in most of the country. According to the National Water Commission, the drought is expected to continue until the rainy season begins in summer of 2012.

The prolonged drought has affected 70% of the country and decimated agriculture in Mexican states of Coahuila, Aguascalientes, San Luis Potosi, Sonora, Tamaulipas, Zacatecas, and Durango (among others). The financial losses of the drought have surpassed 16 billion pesos (1.3 billion USD) including losses of 9 billion pesos (710 million USD) for corn and 6 billion pesos (280 million USD) for beans.

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