Beans Market 2026: Supply Surplus Fades, Steady Demand Drives Price Trends

The global beans market in 2026 is characterized by a gradual transition from surplus supply toward a more balanced dynamic, as excess inventories are methodically absorbed and demand edges upward. White beans, as a key agricultural commodity, reflect this trend: while production is expected to stay steady or register slight growth, persistent demand for bean-based products in major import regions—including Asia and Europe—provides an anchor for exports. This slow, steady recovery creates an outlook of price stabilization or modest increases, provided that harvests proceed without major disruption.

However, the market remains sensitive to supply-side shocks, particularly the possibility of adverse weather events in key producing countries, which could curtail yields and amplify price volatility. Overall, beans are benefiting from an environment where existing oversupply is slowly diminishing, and a moderate resurgence in demand supports trade volume. Price movements in recent weeks lend credence to a market in transition: while minor fluctuations have been observed, the overall trend is towards steady or gently climbing prices. Strategic attention should be paid to weather developments and inventory changes, as these will continue to set the tone for market participants throughout 2026.

📈 Prices

Product	Origin	Type	Purity	Organic	Location	Price (EUR/kg)	Weekly Change	Update Date	Market Sentiment
Mung beans	CN	99.5% organic	99.5%	Yes	Beijing	1.66	-0.02	2026-01-29	Neutral to Slightly Bullish
Mung beans	CN	3.8 mm up	99.5%	No	Beijing	1.54	-0.01	2026-01-29	Stable
Kidney beans	CN	small, black, organic	99.5%	Yes	Beijing	1.15	-0.01	2026-01-29	Stable
Kidney beans	CN	Large, white, organic	99.5%	Yes	Beijing	2.49	-0.06	2026-01-29	Slightly Bearish
Kidney beans	CN	large white	99.5%	No	Beijing	2.40	-0.07	2026-01-29	Slightly Bearish
Kidney beans	BR	dark red	–	No	Brasília	1.42	-0.01	2026-01-25	Stable
Kidney beans	GB	white	99%	No	London	1.35	-0.01	2026-01-25	Stable

🌍 Supply & Demand Drivers

• Global supply surpluses are being steadily absorbed, leading to tighter, more balanced conditions versus previous years.
• Demand for beans—especially white beans—in Asia and Europe remains robust, supporting trade volume stability or slight growth.
• With production expected to remain stable or increase slightly, overall trade volumes likely to hold steady unless supply shocks emerge.
• Any extreme weather in major producing nations could quickly tip the market from balance to deficit, inducing sharp price reactions.

📊 Fundamentals & Inventory

• 2026 is transitioning away from pronounced oversupply. Inventory drawdowns continue, but do not yet pose risks of shortage.
• No indications of speculative excess; price action remains driven by fundamentals and trade flows.
• Steady pace of export shipments, especially from China and Brazil, aligns closely with moderate demand recovery.

⛅ Weather Outlook & Crop Risks

• Stable to favorable weather for most growing regions so far in 2026, but vigilance is warranted for the risk of sudden extremities (droughts or floods) that could cut yields.
• Production shocks remain the wild card for bean prices due to supply’s inelasticity in the short-term.

🌐 Global Production & Stock Comparison

• China, Brazil, and parts of Europe remain the leading bean exporters; inventories in these countries are being gradually drawn down.
• Major importers (Asia, EU) continue to exhibit consistent demand, with no signs of major substitution or decline in bean consumption.
• Stock-to-use ratios are decreasing but not yet at critically low levels.

📆 3-Day Regional Price Forecast

• China (Beijing FOB): Stable to Slightly Bullish (+0.01–+0.03 EUR/kg possible on high grades if export demand persists)
• Brazil (Brasília FOB): Stable (no significant movement expected without new weather disruptions)
• EU (London FOB): Stable (solid stock drawdowns matched by consistent demand)

🚦 Trading Outlook & Recommendations

• Monitor weather forecasts in China, Brazil, and key European regions for early signs of yield-impacting events.
• For exporters: Lock in prices on forward contracts should weather risk escalate—potential for sharp upside.
• For importers: Build minimum coverage to hedge against supply shocks, but avoid overcommitting until new-crop progress clarifies.
• Market remains fundamentally sound, but prepare for volatility if inventories tighten at a quicker pace than expected.