Monday, March 31st, 2008
U.S. dry edible bean acreage may not fall as much as industry guesses – so says this year’s USDA seeding intentions estimates.
“Growers intend to plant 1.40 million acres in 2008, down 8 percent from last year and 14 percent below 2006. The decrease in planted acres can be mainly attributed to higher prices for competing crops and lack of soil moisture in some States.”
To access the entire report click here. The data tables start on page 18 while the commentary is on page 27