Weekly Dry Bean, Pea and Lentil Market News

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Weekly Dry Bean, Pea and Lentil Market News Wednesday, December 13, 2017 - Tuesday, December 19, 2017 ***Next report release will be January 9, 2018 after the holidays*** Compared to a week ago: Trading activity was moderate with moderate demand. Mexican peso per US dollar exchange rate is 19.2295. According to NASS Crop Production report released December 12, 2017, Dry Edible Beans harvested 2017 is 2,033,000 vs 2016 harvested at 1,558,600 and Dry Edible Peas harvested 2017 is 1,111,400 vs 2016 harvested at 1,329,800 and Lentils harvested 2017 is 1,017,000 vs 2016 harvested at 908,000 and Chickpeas (all) harvested 2017 is 456,000 vs 2016 harvested at 320,000. PNW port issues of getting trucks almost impossible was reported from report contacts. Happy Holidays.

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 31.00-33.00 27.00-28.00 NA

Nebraska/Wyoming

33.00-34.50

Pinto Avg Price 31.58 27.56 NA

Prior Week 32.27 27.88 NA

Prior Year 39.40 35.10 40.40

5 Year Avg NA NA NA

34.17

42.10

NA

Nebraska/Wyoming

NA NA

NA NA

NA NA

Colorado/Nebraska Wisconsin/Minnesota

NA 46.11

NA NA

NA NA

NA NA

Michigan Wisconsin/Minnesota

NA NA NA

NA NA 43.31

36.10 NA NA

NA NA NA

Washington/Idaho North Dakota/Minnesota Michigan

NA NA NA

33.22 NA

34.00 NA

38.35 40.85

NA NA

North Dakota/Minnesota Michigan

26.00 NA

NA NA

NA NA

NA 39.45

NA NA

North Dakota/Minnesota Michigan

23.00-24.00 NA

NA NA

NA NA

NA NA

Washington/Idaho North Dakota/Montana

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

Great Northern 33.80

NA 43.00-45.00

NA 44.62

NA 44.00-48.00 NA NA NA

North Dakota/Minnesota Michigan

32.00-34.00 NA

North Dakota/Minnesota Michigan

NA NA

30.00

35.00 33.00-35.00

35.00 33.00-35.00

32.00-33.00 32.00-35.00

NA 33.00-35.00

NA 33.00-35.00

NA 34.00-35.00

NA NA NA

NA NA NA

26.00 NA

30.00 NA

23.00-24.00 NA

27.00-28.00 30.00-32.00

42.00-43.00 47.00-54.00

35.00-36.00 36.00-47.00

Black

Navy

Navy

Garbanzo (9mm) 65.00 NA

21.00

Small red

Black

Washington/Idaho North Dakota/Montana

21.00

Dark Red Kidney

Small Red Washington/Idaho North Dakota/Minnesota Michigan

Prior Year Price Range 30.00 28.00-29.00 29.00-30.00

Light Red Kidney

Dark Red Kidney Michigan Wisconsin/Minnesota

Prior Week Price Range 21.00 20.00-21.00 21.00-23.00

Great Northern

Light Red Kidney Colorado/Nebraska Wisconsin/Minnesota

Price Range 21.00 20.00-21.00 21.00-23.00

65.00 NA

Garbanzo (9mm) 42.00-43.00 47.00-54.00

Weekly Dry Bean, Peas and Lentils Market News Wednesday, December 13, 2017 - Tuesday, December 19, 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 20.00 NA NA 41.00 37.46

Price Range NA 20.00 NA NA 41.00 35.00-39.00

Prior Week NA NA NA NA NA NA

Prior Year NA NA NA NA NA NA

5 Year Avg NA NA NA NA NA NA

Commodity Green Peas - Whole Yellow Peas - Whole

Price Range NA NA

Prior Week Price Range NA NA

Prior Year Price Range 9.50-10.00 10.00

Brewer Lentils Pardina Lentils

29.00-32.00 26.00-29.00

29.00-31.00 26.00-29.00

27.00-27.50 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 WA/ID NA NA

Crop Year 2018 NA NA

Commodity Garbonzo NA NA

Base Price 45.00-0.00 NA NA

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

Delivery Period Sep 17-Oct 17 NA NA

Grower/ Dealer Dealer NA NA

Commodity Green Peas - Whole Yellow Peas - Whole Richlea Lentils

North Dakota/Minnesota Dealer Pinto

Price Range 9.17-12.08 8.75-11.25 21.50-24.00

Prior Week Price Range 9.17-10.42 8.75-11.25 21.00-24.00

Prior Year Price Range 10.83-11.25 10.83-14.17 36.00-41.00

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 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