STAT Communications Ag Market News

Growing Tension in Bean Markets

VANCOUVER - Jun 22/14 - SNS -- International dry edible bean markets finished the week's trading with growing tension between exporters and importers over the future for white bean prices.

Continued shower activity in the white alubia bean growing area in Argentina has made processors defensive and worried about the quality of this year's crop.

By contrast, importers think there will be price destruction the harvest does come in around 125,000 metric ton (MT) crop.

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