Edible Bean Output Jumps 56%
WASHINGTON - Oct 11/12 - SNS -- This year's dry edible bean crop in the United States is expected to total 31 million 100 pound bags or 1.408 million meric tons (MT), according to the USDA's latest crop production estimates.
Production is up 56% from last, mainly because farmers in North Dakota were able to seed their crops. Late spring flooding poreventing them from finishing seeding last year, resulting in fiercely bullish, North American market conditions throughout the past year.
The USDA revised this year's seeded area to 1.73 million acres, up 44% from 2011. Harvested area is forecast at 1.69 million acres, 46% above the previous year. The average United States yield is forecast at 1,836 pounds per acre, an increase of 120 pounds from 2011. If realized, yield will be at a record level exceeding the previous high of 1,768 pounds set in 2008.
Only active subscribers can read all of this article.
If you are a subscriber, please log into the website.
If you are not a subscriber, click here to subscribe to this edition of the STAT website and to learn more about becoming a subscriber.
