The Ag-Alert hotline reports new crop dry bean values are posted at one major buyer: for White Pea (Navy) beans at $33/cwt with blacks around $34. Kidneys and Crans between $35-39.
[Editor’s note: rumors from the country indicate that prices could improve by 1 to 2 dollars per bag to get growers interested in growing dry beans next year.]

Stat Publishing in their full story under ’Strong Finish For Edible Beans’ make an interesting observation:
“There is a growing belief world markets are facing a shortage of white beans because of production problems in both China and Argentina.”
As well the article notes that Black beans may be facing limited stocks.
Editor’s note: — The white beans referenced may be the larger seeded Alubia types or other smaller white seed coated beans that would compete against Small White Beans, Navy (White Pea) Beans or Great Northern type beans from North America.  This comes on the heels of a sharp reduction in White Pea (navy) bean production in North America.

Minnesota had a BIG (profitable) year growing navy beans, says The Land. Some yields exceeding 3,000 lbs/acre. Contract pricing at US$27/cwt., with production costs (including land) of about $350/acre. Net profit went through the roof.
The entire story can be read here.
[Editor's note: This will be Ontario's and other North American production zones competition in the future. ]