STAT Communications Ag Market News

Mexican Bean Outlook More Ample

WASHINGTON - Aug 5/14 - SNS -- Mexico's dry edible bean outlook has improved with the weather in key producing regions of the country, believes the U.S. agricultural attache for Mexico.

The main reasons production will be higher than initially expected is "above-normal precipitation, which provided enough soil moisture in the current 2014 spring-summer crop cycle to maintain good yields," argues the U.S. agricultural attache.

As a result, official sources estimate that this crop cycle could produce approximately 900,000 metric tons (MT) of edible dry beans from 1.48 million hectares, compared to 1.04 million MT last season.

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