STAT Communications Ag Market News

United States Black Bean Grower Price Review

VANCOUVER - Sep 7/17 - STAT -- United States Black Bean markets finished the 2016-17 marketing year with prices offered to growers falling 5% below the recent three year average annual price offered to growers in that country.

The average price paid for Black Bean was USD$37.00 per 100 pounds (cwt), compared to an average annual bid of $38.79 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 $41.00 per cwt in July, while the lowest monthly average bid level was $31.50 per cwt in October.

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