STAT Communications Ag Market News

Edible Beans Ignore USDA Report

VANCOUVER - Aug 16/14 - SNS -- International dry edible bean markets were largely unaffected by the USDA's crop production estimates for the United States.

However, markets were surprised to see smaller increases in great northern and pinto bean seeded area that initially expected.

One reason for the lack of market response is the fact the many traders in Europe are away from their offices on their traditional summer holiday.

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