STAT Communications Ag Market News

United States Light Red Kidney Bean Grower Price Review

VANCOUVER - Sep 7/17 - STAT -- United States Light Red Kidney 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 Light Red Kidney Bean was USD$47.92 per 100 pounds (cwt), compared to an average annual bid of $50.26 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 $48.50 per cwt in October, while the lowest monthly average bid level was $47.20 per cwt in September.

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