Weekly Dry Bean, Pea and Lentil Market News

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Weekly Dry Bean, Pea and Lentil Market News Wednesday, August 02, 2017 - Tuesday, August 08, 2017 Compared to a week ago: Trading activity was slow with good demand. According to the crop progress report August 7, 2017, dry edible peas in North Dakota was harvested at 46%, Washington was harvested at 51%, Oregon was harvested at 54% and Montana was harvested at 76% and Idaho was harvested at 18%. Garbanzo harvest started this week in Washington with average yields and pea yields being reported at 1500-2500 tons. North Dakota had rain last wednesday and sunday which brought some short term relief to crops. Inventories on certain varieties of dry edible beans are starting to dwindle down before new crop arrives.

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 36.00-37.00 33.00-35.00 NA

Nebraska/Wyoming

37.00-37.50

Pinto Avg Price 36.40 34.63 NA

Prior Week 36.65 35.33 NA

Prior Year 39.50 35.50 NA

5 Year Avg NA NA NA

37.60

39.50

NA

Nebraska/Wyoming

NA NA

NA NA

NA NA

Colorado/Nebraska Wisconsin/Minnesota

NA NA

NA NA

NA NA

NA NA

Michigan Wisconsin/Minnesota

NA NA 36.50

NA NA 36.00

38.50 NA NA

NA NA NA

Washington/Idaho North Dakota/Minnesota Michigan

NA NA NA

NA 41.17

38.62 41.75

38.50 41.50

NA NA

North Dakota/Minnesota Michigan

28.00-30.00 NA

NA 38.52

NA 40.00

NA 39.50

NA NA

North Dakota/Minnesota Michigan

NA NA

NA NA

NA NA

Washington/Idaho North Dakota/Montana

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

Great Northern 37.17

NA NA

NA NA

NA NA NA NA 36.00-37.00

North Dakota/Minnesota Michigan

NA 41.00-41.50

North Dakota/Minnesota Michigan

NA 38.50-39.00

NA

33.00 33.00-35.00

33.00 33.00-35.00

NA NA

NA 34.00-36.00

NA 34.00-36.00

NA NA

NA NA NA

NA NA NA

28.00-30.00 NA

24.00-30.00 33.00-35.00

27.00 NA

24.00-26.00 NA

NA NA

34.00-36.00 30.00

Black

Navy

Navy

Garbanzo (9mm) NA NA

28.00

Small red

Black

Washington/Idaho North Dakota/Montana

28.00

Dark Red Kidney

Small Red Washington/Idaho North Dakota/Minnesota Michigan

Prior Year Price Range 27.00-30.00 28.00-30.00 28.00-30.00

Light Red Kidney

Dark Red Kidney Michigan Wisconsin/Minnesota

Prior Week Price Range 28.00 27.00-28.00 NA

Great Northern

Light Red Kidney Colorado/Nebraska Wisconsin/Minnesota

Price Range 28.00 27.00-28.00 NA

NA NA

NA NA

Garbanzo (9mm) NA 38.00

Weekly Dry Bean, Peas and Lentils Market News Wednesday, August 02, 2017 - Tuesday, August 08, 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 NA NA NA NA NA

5 Year Avg NA NA NA NA NA NA

Commodity Green Peas - Whole Yellow Peas - Whole

Price Range 11.00-12.00 NA

Prior Week Price Range NA NA

Prior Year Price Range NA NA

Brewer Lentils Pardina Lentils

28.50-29.00 25.50-26.00

NA NA

NA NA

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 NE CO/WY/W NE WA/ID MI

Crop Year 2017 2017 2017

Commodity Great Northern Garbonzo Black

Base Price 37.00-0.00 58.00-0.00 40.50-0.00

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

Delivery Period Oct 17-Dec 17 Aug 17 Oct 17-Jul 17

Grower/ Dealer Dealer Dealer Grower

Commodity Green Peas - Whole Yellow Peas - Whole Richlea Lentils

North Dakota/Minnesota Dealer Pinto

Price Range 10.00-12.50 10.00-11.67 26.00-28.50

Prior Week Price Range 10.00-11.67 10.00-11.67 25.50-28.50

Prior Year Price Range NA NA NA

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

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

5 Year Avg

Apr 2017

Office Contact Information

Additional Resources

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

KCC Ammended Invitation

KCC Award NASS

May

Jun 2016

Jul

Aug

Sep

Oct

Nov

Dec

5 Year Avg

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

FSA Crop Acreage FAS GATS FAS News