Pulses

Dried beans: production of black kidney beans declines

April 5, 2023 at 12:19 PM , Der AUDITOR
Play report as audio

BEIJING. As profits for black kidney beans have been low this season, Chinese farmers are likely to increasingly switch to other agricultural commodities. Meanwhile, the mung bean crop in Myanmar is expected to be smaller than last year, which will benefit Chinese traders.

Fewer black kidney beans next season

Domestic demand for black kidney beans remains low, according to a Chinese trader. The behaviour of the growers is completely diverse: some of them want to get rid of their stocks as soon as possible and offer favourable prices, others are not willing to do so and wait for price increases. So far, this has had little effect on export prices, which have fallen by only USD 10/mt compared to last month. The acreage is expected to decrease for the next season as farmers increasingly switch to other agricultural commodities. Prices fo

View related articles

Go to the News Overview
Fruit and Vegetables
May 24, 2023
OTTAWA/NEW DELHI. If the current production estimates for 2023 come true, the global lentil crop would record the second highest yield in history. A tender from India has caused surprise in the market.
Pulses
May 22, 2023
NEW DELHI/OTTAWA. Traders in both the Indian and Canadian markets report increased buying interest. One problem, however, is the scarce availability. Meanwhile, sowing has started in Canada.
Pulses
May 15, 2023
NEW DELHI/OTTAWA. In Canada, chickpea stocks are currently the lowest since 2018 - some relief could come from an increase in acreage. India is also experiencing some shortages.
Pulses
May 8, 2023
NEW DELHI/BRUSSELS. Indian market players are delighted with China's great buying interest, which includes chickpeas as well as other pulses. Meanwhile, EU imports have increased only slightly in terms of volume, while the development of the import value is remarkable.