Brazil & UK Beans: Flat FOB Prices Amid Weather Noise

FOB bean prices in Brazil and the UK are broadly flat, with only mild softening in Chinese origins, leaving the short‑term market balanced and range‑bound.

Across Brazil and the UK, beans are trading sideways with no significant fresh fundamental shock over the past few days. Brazilian dark red and brown‑eye kidney beans and alubia are steady, while UK fava, broad and white kidney beans also hold previous levels. Recent Brazilian weather has been wet in parts of Minas Gerais and Goiás, but this is not yet translating into measurable supply disruption for beans. With no strong signal from global pulses trade flows or macro grains markets in the last three days, near‑term price risks look limited and mostly local.

📈 Prices & Recent Moves

All values approximate, converted to EUR at 1 USD ≈ 0.93 EUR for reference.

Origin	Product	Type	FOB level (EUR/kg)	1‑month trend
Brazil (Brasília)	Kidney beans	Dark red	≈ 1.27	Sideways to slightly lower vs mid‑March
Brazil (Brasília)	Kidney beans	Brown eye	≈ 1.22	Mild easing vs mid‑March
Brazil (Brasília)	Alubia beans	White	≈ 1.22	Stable over past month
UK (London)	German beans	Split	≈ 0.83	Flat, small declines vs March
UK (London)	Kidney beans	White 99%	≈ 1.20	Marginally softer vs March
UK (London)	Fava beans	Sortex, small	≈ 1.04	Stable
UK (London)	Beans broad	Whole 12 mm	≈ 1.16	Stable
UK (London)	Beans dried	Split, 12 mm	≈ 1.42	Flat

Chinese beans (kidney, mung, adzuki) show a very slight softening since late March in USD terms, which converts into a similar marginal easing in EUR, but moves are within a narrow range and mainly reflect incremental supply from the 2025/26 cycle rather than fresh shocks.

🌍 Supply, Demand & Weather Drivers

Brazil (BR) – Recent weeks brought heavy rains and flooding episodes in parts of Minas Gerais (Zona da Mata) earlier in the season, but these mainly affected urban and coffee areas rather than the core commercial bean belt. The current INMET outlook for 6–13 April points to concentrated rains in northern Mato Grosso and northwest Goiás, and a frontal system with persistent showers in parts of Southeast Brazil including southern Minas, Rio de Janeiro and Espírito Santo. For beans, this mix is modestly supportive (soil moisture) but also slows fieldwork where late harvesting or planting is ongoing.

On the demand side, no new public Brazilian data in the last three days point to a structural shift in domestic bean consumption or trade; broader grain commentary continues to focus on soy and corn, with beans a secondary story. The absence of fresh government or CEPEA updates on beans in this narrow window suggests the market is functioning on previously known information, supporting the current sideways price pattern.

United Kingdom (GB) – UK pulses markets are more influenced by planting prospects than spot trade at this time of year. The national Planting and Variety Survey launched on 7 April focuses on cereals and oilseeds but underscores that growers are only now solidifying 2026 acreage decisions, which indirectly caps aggressive forward selling in minor crops like beans. Recent trade commentary on UK peas notes steady prices and adequate availability, with Black Sea origins competing into the EU feed market. This competitive landscape also anchors UK bean values, as buyers have alternative protein sources.

Weather – UK – Short‑range forecasts for mid‑April show seasonally cool, unsettled conditions with showers across much of England, but without extreme cold. This is generally neutral to slightly positive for spring fieldwork: not dry enough to accelerate drilling sharply, but also not destructive for emerging pulse crops. With no major frost threat flagged, there is limited immediate weather risk premium for UK beans over the coming three days.

📊 Fundamentals & Market Balance

• Stock levels: Recent global commentary highlights more focus on coarse grains and oilseeds, with no evidence in the last three days of serious tightness or surplus specific to beans in Brazil or the UK.
• Competing crops: Strong attention to soymeal demand in global feed rations reduces the urgency to bid up beans as a protein source in the short run.
• Currency: The BRL has been relatively range‑bound in recent weeks according to broader agro market commentaries, which limits FX‑driven moves in Brazilian export parity for beans.
• Trade flows: UK and EU pulse demand remains well supplied by a mix of domestic peas/beans and imported Black Sea pulses, keeping a lid on price spikes in London‑quoted beans.

📆 Short-Term Outlook & Trading Pointers

Over the next three days (13–16 April 2026), Brazilian weather will stay showery in parts of Goiás and southern Minas, but without clear evidence of large bean area losses or logistics disruption. In the UK, mixed but non‑extreme conditions should allow gradual progress in spring fieldwork, maintaining a comfortable supply outlook for 2026 pulse harvests.

🎯 Trading recommendations (next 3–7 days)

• Brazilian bean buyers (domestic/FOB): Use current flat prices in the Brasília FOB market to cover nearby needs gradually rather than rushing large volumes; the absence of acute weather or policy shocks reduces upside risk in the very short term.
• Brazilian exporters: Consider maintaining offer levels but stay flexible on small discounts for larger parcels, given mild softness in Chinese beans and competitive pressure from other origins.
• UK importers and processors: With UK bean prices steady and alternative pulses (peas) also flat, staggered purchasing remains appropriate; no need for aggressive short‑covering in the next few days while weather risk is limited.
• Speculative participants: Given the narrow trading ranges and lack of fresh fundamental catalysts, directional positions in beans offer limited reward‑to‑risk in the immediate term; focus instead on spread or origin‑arbitrage strategies if basis opportunities emerge.

📍 3-Day Directional Price Indication (in EUR)

• Brazil – Brasília FOB kidney & alubia beans: Bias: Stable. Expected range: ±1–2% around current EUR/kg indications, assuming no new flood or logistics headlines.
• UK – London FOB fava, broad & white beans: Bias: Stable to slightly softer (up to −1%) on competitive pressure from other pulses but no clear break lower expected in three days.
• China – FOB mung, adzuki & kidney beans (reference for competition): Bias: Slightly softer, reflecting the ongoing mild easing trend seen over the past weeks, but largely already priced into current trade offers.