Coming on the heels of reports from the Western Fair Farm Show in London Ontario that dry bean bids are up again in Ontario – the White Bean price should have read $43.00/bag (100 lb.) (click here for the story) new-crop edible bean prices in southern Manitoba are on the rise as well says a story on farmassist.ca.
“Where will it plateau? We’re not sure at this point,” admitted Peter Klippenstein of Parent Seed Farms Ltd.
Like most other crops, dry edible bean prices have benefited from the battle for acreage in 2008. With corn, wheat and soybean prices still remaining strong, other competing crops have also risen to keep pace.
Earlier this winter, most industry sources expected to see edible bean acres decline by as much as 25%. However, edible bean bids have gradually increased, keeping them as an attractive option for those producers who have grown specialty crops in the past.
Read the story here

This entry was posted on Friday, March 7th, 2008 at 9:45 am and is filed under Producer News. You can follow any responses to this entry through the RSS 2.0 feed.