November 07, 2018
As previously reported, the U.S. Dry Bean Council is projecting a decrease in Mexican bean production for the spring/summer cycle. A second production survey shows total production for the cycle at 633,000 metric tons, a 33 percent less than the SIAP (Mexican Agri Food Agency) programmed production. Total production for the winter/fall cycle is estimated at 976,000 metric tons, 24 percent less than SIAP's numbers. That number is also 14 percent less than average production in the last six years of 1.1 million metic tons and similar to the 983,000 metric tons in 2017.
The lower numbers are due to a decrease in planting area and late and erratic rainfall. Production is down in all classes of beans with the exception of black beans, which posted a small increase. The smaller production numbers, together with the announcement of the U.S., Mexico, Canada Agreement, hint at a good year for the U.S. dry bean industry in Mexico. The full Second Survey report is available on the USDCB members only webpage.