📊 Global Bean Market Dynamics: Trends, Prices, and Forecasts
The bean market has exhibited relative stability with minor price fluctuations across various types and origins. As spring planting approaches, seed demand could bolster prices, although the general market sentiment remains cautious. The disparity in pricing strategies among traders continues, influenced by the scarcity of certain bean types, demand for seeds, and varying shipping attitudes.
Exclusive Offers on CMBroker
Kidney beans
dark red
FOB 1.46 €/kg
(from BR)
Get Your Delivery Cost
Kidney beans
brown eye
FOB 1.40 €/kg
(from BR)
Get Your Delivery Cost
Kidney beans
white
99%
FOB 1.39 €/kg
(from GB)
Get Your Delivery Cost
📈 Market Overview
| Type | Location | Price (USD) | Previous Price (USD) | Change (%) |
|---|---|---|---|---|
| Kidney beans, dark red | Brasília | 1.46 | 1.48 | -1.35% |
| Kidney beans, brown eyes | Brasília | 1.4 | 1.42 | -1.41% |
| Kidney beans, white | London | 1.39 | 1.41 | -1.42% |
📉 Key Market Drivers
- USDA reports and global production data continue to influence market dynamics.
- Speculative positioning and stock levels are critical for price direction.
- Weather conditions in key growing regions like Brazil and China are crucial for crop development.
⛅ Weather Forecast – Key Growing Regions
Mild weather in Brazil and moderate rains in China are expected, which could positively impact bean growth and stabilise market prices.
🔮 Price Forecast – Next 3 Days
| Region | Expected Price Range (USD) |
|---|---|
| Brasília | 1.35 – 1.50 |
| London | 1.35 – 1.45 |
📌 Conclusion & Strategic Recommendations
- 🛒 Buyers should monitor the market closely for any significant changes in weather patterns.
- 🏭 Sellers may want to capitalise on the stable market to secure contracts at current prices.
- 📊 Traders should keep an eye on USDA reports and global stock levels for strategic positioning.
