STAT Communications Ag Market News

United States Great Northern Beans Grower Price Review

VANCOUVER - Sep 1/15 - STAT -- United States Great Northern Beans markets finished the 2014-15 marketing year with prices offered to growers falling 14% below the recent three year average annual price offered to growers in that country.

The average price paid for Great Northern Beans was USD$36.40 per 100 pounds (cwt), compared to an average annual bid of $42.38 during the latest three year period for farmers dressed merchandise delivered processing plants.

Analysis of the monthly bid pattern reveals growers the highest monthly average bid was $42.20 per cwt in September, while the lowest monthly average bid level was $34.75 per cwt in January.

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