But a lower planted and harvested area will still keep production below a year ago. In its August 10th crop update the USDA forecast total American dry bean production at 23.7 million cwt (1.075 million tonnes), down 2% from last year and 11% below two years ago. The average U.S. yield is forecast at 1,649 pounds/lb, an increase of 72 pounds from last year although that is more than offset by an 8% reduction in planted area to 1.5 million acres.
Read more of the story here

This entry was posted on Monday, August 13th, 2007 at 9:52 am and is filed under Producer News. You can follow any responses to this entry through the RSS 2.0 feed.