STAT Communications Ag Market News

United States Blackeye Bean Grower Price Review

VANCOUVER - Sep 3/16 - STAT -- United States Blackeye Bean markets finished the 2015-16 marketing year with prices offered to growers leaping 9% above the recent three year average annual price offered to growers in that country.

The average price paid for Blackeye Bean was USD$59.60 per 100 pounds (cwt), compared to an average annual bid of $54.47 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 $65.00 per cwt in July, while the lowest monthly average bid level was $45.00 per cwt in November.

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