STAT Communications Ag Market News

Spot Beans On Fire

PANAMA - Apr 24/20 - SNS -- Spot markets for dry edible beans posted sharp advances during the past week to rise to significant premiums over later shipping positions in a reflection of strong demand for quick shipment.

The net result was the spot index for dry edible beans in the United States improved by 0.7 points on the week to close at 167.7.

By contrast, the Canadian pulse prices index jumped 4.9 points to close at 148.8, for its sixth consecutive weekly rise. This helped the global index gain 4.2 points to finish at 156.8.

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