THE BIG PICTURE
domestic needs. That’s without counting the autumn/winter crop in February. To me, it all points towards a fall in imports." A lot can happen between now and both the U.S. and Mexican bean harvests – no crop is certain until it’s out of the ground. But what is certain is that if Mexico achieves the top end of estimates, the USA could be left holding bags and bags of black beans and pintos. Argentina’s absent alubias Another bean producer down on its luck of late is Argentina. Drought, poorly- timed rains, and early frosts decimated the bean crop this year – a second consecutive year of crisis. CLERA reports the alubia crop down to 30% of a typical year, estimating only 25 thousand tonnes of exportable volume from now until the next crop. So did the removal of so many white beans from the picture not leave space for the U.S. to capitalize? Apparently
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