Dry Beans Somewhat Defensive
PANAMA - Dec 14/18 - SNS -- International dry edible bean markets finished the week's trading on a somewhat firmer note with some market participants adopting a more defensive tone in front of the Christmas and New Year's holiday season.
Markets for dry edible beans and pulses were also helped by relatively good import demand as buyers sought to cover more of their needs for the first quarter of the 2019 calendar year.
This saw the U.S. spot index for beans advance one point on the week to finish at 114.1. The Canadian pulse price index rose 1.2 points to finish at 131.5, while the world pulse price index advanced 2.8 points to close at 145.6.