Weekly Dry Bean, Pea and Lentil Market News

Report 10 Downloads 41 Views
Weekly Dry Bean, Pea and Lentil Market News Wednesday, October 11, 2017 - Tuesday, October 17, 2017 Compared to a week ago: Trading activity was active with moderate demand. Harvest is wrapping up in certain regions. According to NASS Crop Progress report October 15, 2017, Colorado has 84%, Michigan has 84%, Minnesota has 96%, Nebraska has 75%, North Dakota has 94%, Wyoming has 79% harvested. Trucks and rail cars are becoming harder to come by and has been a growing issue since August of this year.

Dry Bean Dealer Values

Dry Bean Grower Values

Prices reported FOB warehouse in truck and rail car lots, basis U.S. No. 1's and cleaned in cwt bags.

Prices reported on a cwt basis, Del warehouse, thresher run and U.S. No. 1's.

Pinto Region NE CO/ WY/ W NE North Dakota/Minnesota Washington/Idaho

Price Range 32.00-32.50 26.00-28.50 NA

Nebraska/Wyoming

34.00-36.00

Pinto Avg Price 32.09 26.83 NA

Prior Week 32.30 27.38 NA

Prior Year 39.80 38.20 41.00

5 Year Avg NA NA NA

35.17

42.00

NA

Nebraska/Wyoming

NA NA

NA NA

NA NA

Colorado/Nebraska Wisconsin/Minnesota

NA NA

NA NA

NA NA

NA NA

Michigan Wisconsin/Minnesota

37.67 NA NA

NA NA NA

NA NA 38.70

NA NA NA

Washington/Idaho North Dakota/Minnesota Michigan

NA NA NA

33.58 35.58

34.00 NA

39.45 42.30

NA NA

North Dakota/Minnesota Michigan

26.00-27.00 27.00-30.00

NA 34.00

NA NA

NA 39.00

NA NA

North Dakota/Minnesota Michigan

24.00 26.00-27.00

NA NA

NA NA

NA NA

Washington/Idaho North Dakota/Montana

Region NE CO/ WY/ W NE North Dakota/Minnesota Washington/Idaho

Great Northern 35.25

NA NA

NA NA

NA NA 37.00-38.00 NA NA

North Dakota/Minnesota Michigan

33.00-34.00 35.00-36.00

North Dakota/Minnesota Michigan

NA 34.00

30.00

35.00 33.00-35.00

35.00 33.00-35.00

32.00-33.00 32.00-34.00

NA 34.00-35.00

NA 34.00-35.00

NA 34.00-35.00

NA NA NA

28.00 NA 30.00-34.00

26.00-27.00 28.00-30.00

30.00-32.00 35.00

24.00 26.00-27.00

28.00-29.00 30.00-31.00

40.00 45.00-52.00

34.00-36.00 38.00-43.00

Black

Navy

Navy

Garbanzo (9mm) NA NA

25.00-26.00

Small red

Black

Washington/Idaho North Dakota/Montana

24.00-26.00

Dark Red Kidney

Small Red Washington/Idaho North Dakota/Minnesota Michigan

Prior Year Price Range 30.00 30.00 30.00

Light Red Kidney

Dark Red Kidney Michigan Wisconsin/Minnesota

Prior Week Price Range 24.00 21.00-22.00 23.00-26.00

Great Northern

Light Red Kidney Colorado/Nebraska Wisconsin/Minnesota

Price Range 24.00 21.00 23.00-26.00

NA NA

Garbanzo (9mm) 40.00-41.00 44.00-54.00

Weekly Dry Bean, Peas and Lentils Market News Wednesday, October 11, 2017 - Tuesday, October 17, 2017 Washington/Idaho Dealer Values

Washington/ Idaho Grower Values

Prices reported FOB warehouse in truck and rail car lots, basis U.S. No. 1's and cleaned in cwt bags.

Prices reported on a cwt basis, Del warehouse, thresher run and U.S. No. 1's.

Commodity Green Peas - Split Green Peas - Whole Yellow Peas - Split Yellow Peas - Whole Brewer Lentils Pardina Lentils

Avg Price NA NA NA NA NA NA

Price Range NA NA NA NA NA NA

Prior Week NA NA NA NA NA NA

Prior Year NA 18.50 NA NA NA NA

5 Year Avg NA NA NA NA NA NA

Commodity Green Peas - Whole Yellow Peas - Whole

Price Range 13.00-14.00 11.50

Prior Week Price Range 11.50-14.00 11.50

Prior Year Price Range 9.00-9.50 10.00

Brewer Lentils Pardina Lentils

31.00-32.00 27.00-29.00

28.50-31.00 25.50-29.00

25.00-26.00 20.00-25.00

Bean, Pea and Lentil Forward Contracts

North Dakota/Montana Grower Values

Forward contracts reported represent contracts written within the trading period of this report.

Region NA NA NA

Crop Year NA NA NA

Commodity NA NA NA

Base Price NA NA NA

Prices reported on a cwt basis, Del warehouse, thresher run and U.S. No. 2's or better.

Delivery Period NA NA NA

Grower/ Dealer NA NA NA

Commodity Green Peas - Whole Yellow Peas - Whole Richlea Lentils

North Dakota/Minnesota Dealer Pinto

Price Range 10.00-13.33 10.42-12.08 24.50-28.00

Prior Week Price Range 10.00-12.92 11.08-12.50 24.50-28.00

Prior Year Price Range 8.33-10.00 7.92-10.83 24.00-30.00

North Dakota/Minnesota Grower Pinto

43.00 41.00 39.00 37.00 35.00 33.00 31.00 29.00 27.00 25.00

35.00 30.00 25.00

20.00 15.00 Jan

Feb

Mar

Apr 2017

May

Jun

Jul

2016

Office Contact Information Market Reporter: Jonathan Gittlein and Lindsay Burnet 3459 West 20th Street, Suite 223A, Greeley, CO 80634 Phone: 970-353-9750

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

5 Year Avg

Apr 2017

May

Jun 2016

Jul

Aug

Sep

Oct

Nov

Dec

5 Year Avg

Additional Resources

NASS

U.S. Dry Bean Council Northarvest Bean Growers Ass. Northern Pulse Growers Ass.

FSA Crop Acreage FAS GATS USA Dry Pea & Lentil