Tuesday, April 22nd, 2008
The Ontario (White) Bean Producers’ have a sense that Ontario white bean acres may not be down as sharply as Stats Canada numbers suggest – See article below. Yes beans had a tough time competing to secure acres earlier in the season but now that other grain prices have settled out to some degree and some solid forward pricing contracts for white beans have become available there is a growing sentiment that acres may hold their own.
Planting intentions can change particularly if the ‘planting window’ gets shifted because of weather delays for competing crops.
Dry bean prices – particularly white beans have held to a competitive edge where long-term growers are prepared to commit to the crop and the industry.
The Stats Canada numbers were a reading of grower sentiment prior to March 31st. The crop is not planted yet but certainly there has been good interest from those that know it best and love it most.