STAT Communications Ag Market News

United States Dark Red Kidney Bean Grower Price Review

VANCOUVER - Sep 3/12 - STAT -- United States Dark Red Kidney Bean markets finished the 2011-12 marketing year with prices offered to growers rocketing 27% above the recent three year average annual price offered to growers in that country.

The average price paid for Dark Red Kidney Bean was USD$54.56 per 100 pounds (cwt), compared to an average annual bid of $43.04 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 $55.00 per cwt in July, while the lowest monthly average bid level was $50.80 per cwt in September.

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