Optimism Building Over Mexican Demand

PANAMA - Sep 14/19 - SNS -- Combined dry edible bean production in Canada and the United States is expected to reach 1.516 million metric tons (MT) this year, down from 1.539 million last year.

In its latest crop production update, Statistics Canada estimated output of white beans would total 93,900 MT from 95,700 acres, while colored bean output may reach 262,200 MT from 255,520 acres. Area and production was not broken down by class.

Colored bean output in the two countries is expected to be virtually unchanged at 1.2 million MT, while total white bean output could drop from around 332,000 to just over 313,000 MT.