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USDA Market News
August 15, 2012

GL_GR851   
Greeley, CO    Tue Aug 14, 2012    USDA-CO Dept of Ag Market News

BEANS                                 Dealer                Grower
Pintos
   N.E. Colorado            V Ltd 63.00-68.00          V Ltd 45.00
   W. Nebraska/E. Wyoming   V Ltd 63.00-68.00          V Ltd 45.00
   N. Dakota/Minnesota            52.00-55.00          45.00-48.00
   N. Wyoming/ S.C. Montana       64.00-66.00          V Ltd 45.00
   Washington/Idaho             M 65.00-68.00                50.00
Great Northern
   Nebraska/Wyoming         V Ltd 51.00-52.00      Not Established
   N. Dakota                  Not Established      Not Established
Light Red Kidney
   Colorado/Nebraska          Not Established      Not Established
   Michigan                   Not Established      Not Established
   Wisconsin/Minnesota        Not Established      Not Established
Dark Red Kidney
   Michigan                   Not Established      Not Established
   Minnesota/Wisconsin      V Ltd 62.00-66.50      Not Established
Pink
   Washington/Idaho               V Ltd 60.00      Not Established
   N. Dakota/Minnesota            V Ltd 60.00          V Ltd 45.00
Small Red
   Washington/Idaho         V Ltd 55.00-60.00      Not Established
   Michigan                 V Ltd 55.00-60.00      Not Established
   N. Dakota/Minnesota        Not Established      Not Established
Black
   Michigan                       45.00-47.00      Not Established
   N. Dakota/Minnesota            V Ltd 45.00      Not Established
Pea Bean
   Michigan                   Ltd 49.00-52.00      Not Established
   N. Dakota/Minnesota      V Ltd 50.00-52.00            Ltd 42.00
Garbanzo
   Washington/Idaho (52/60)       56.00-59.00          40.00-42.00
   N. Dakota/Montana          Not Established      Not Established
PEAS and LENTILS
Idaho/Washington
Green Pea - Split             Not Established        ----------- 
         Whole Vine           Not Established      Not Established
            Upright           Not Established          15.00-16.00
Yellow Pea - Split            Not Established        ----------- 
             Whole            Not Established          V Ltd 15.00
Austrian Winter Pea           Not Established      Not Established
Lentil - Brewers                  V Ltd 35.00    V Ltd 27.00-28.00
         Pardina            V Ltd 34.00-35.00    V Ltd 28.00-29.00
N. Dakota
Green Pea -  Whole            Not Established          14.17-15.83
Yellow Pea - Whole            Not Established          13.75-15.00
Lentil - Richlea              Not Established    V Ltd 16.00-18.00
CALIFORNIA
    Baby Lima                 Not Established    V Ltd 48.00-49.00
    Large Lima                Not Established          V Ltd 55.00
       Canning                  -----------        Not Established
    Blackeye                  Not Established      Not Established
    Garbanzo (54/58s)         Not Established      Not Established

BEAN MARKET SUMMARY

    BEANS:  Trade and demand were very limited this week as most buyers and
sellers are only trading beans on an as needed basis until new crop arrives. All
varieties remained mostly steady on very limited transactions, with wide price
spreads being reported due to quality differences. The bean crop is ahead of
schedule in Minnesota and North Dakota, as USDA's NASS showed 75% and 76% of the
crop to be fully podded respectively, compared to 18% and 27% last year.
Colorado and Nebraska received some cooler temperatures and scattered
precipitation again last week, which improved the good to excellent rating in
Colorado from 21% last week to 24% this week, with Nebraska improving from 45%
to 51%. Crop conditions are favorable in Washington with 90% of the crop rated
in good to excellent condition according to NASS.

    Dealer:  PINTO BEANS were mostly steady with the bulk of CO/WY from 63.00 to
65.00.  GREAT NORTHERN BEANS were mostly steady.  LIGHT RED KIDNEY BEANS were
not established.  DARK RED KIDNEY BEANS had no recent comparison.  PINK BEANS
were steady.  SMALL RED BEANS were steady.  BLACK BEANS were mostly steady.  PEA
BEANS were mostly steady.  GARBANZOS were steady.

    Grower:  PINTO BEANS were steady.  GREAT NORTHERN BEANS were not
established.  LIGHT RED KIDNEY BEANS were not established.  DARK RED KIDNEY
BEANS were not established. PINK BEANS were steady.  SMALL RED BEANS were not
established.  BLACK BEANS were not established.  PEA BEANS were steady. 
GARBANZOS were mostly steady to firm.

PEAS AND LENTILS MARKET SUMMARY

IDAHO/WASHINGTON:  Trading activity was slow to moderate, with light demand.

   Dealer:  Green Peas, Yellow Split Peas, Austrian Winter Peas were not
established.  Brewer Lentils and Pardina Lentils are mostly steady compared to
two weeks ago.

   Grower: Green Whole Upright Peas, Yellow Peas, Brewer Lentils, and Pardina
Lentils were mostly steady to weak. Green Whole Vine Peas and Austrian Winter
Peas were not established. According to USDA?NASS, in Washington 21 percent has
been harvested so far this year, compared to 13 percent last year, and 56
percent on the 5 year average.

NORTH DAKOTA/MONTANA:  Trading activity was slow with light demand.

   Dealer: Whole Green Peas, Whole Yellow Pea and Richlea Lentils were not
established.

   Grower: Green Peas, Yellow Peas, and Richlea Lentils were mostly steady.
Quality differences in Richlea lentils are responsible for price differences
this week with higher quality lentils receiving a premium at 18.00.  In North
Dakota, the Pea crop remains ahead of schedule due to higher temperatures as 77
percent of the crop has been harvested this week, compared to 59% last week, and
39 percent on the 5 year average according to numbers by NASS. Montana is
showing 86 percent of the pea crop is harvested compared to 66 percent last
week, and 82 percent of lentil crop is harvested compared to 34 percent last
week.

CALIFORNIA:  Trading activity was slow on light demand.

   Dealer: Baby Limas, Large Limas, Blackeyes, and Garbanzos were not
established.

   Grower: Baby Limas traded steady. No recent comparison on Large
Limas.   Canning Quality Large Limas, Blackeyes, and Garbanzos were not
established.

Source: USDA-CO Dept of Ag Market News Service, Greeley, CO
        Tess Norvell Market Reporter  970-353-9750  Greeley.LGMN@ams.usda.gov
        www.ams.usda.gov/mnreports/GL_GR851.txt
        http://marketnews.usda.gov/portal/lg


 

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Northarvest Bean Growers Association | 50072 East Lake Seven Road | Frazee, MN 56544
Ph: 218-334-6351 | Fax: 218-334-6360 | Email: nhbean@loretel.net