MEXICO DRY BEAN HARVEST UPDATE

It is estimated that Mexico’s 2021 spring/summer dry bean harvest saw 1.166 million hectares planted with a harvestable area of about 97% of the total planted assuming no adverse weather events. At the time of this writing, harvest is still under way and has progressed as follows: 40% in Chihuahua; 25% in Durango; 50% in Guanajuato, 35% in San Luis Potosi and 20% in Zacatecas. Mexican bean production estimates at this time indicate a total of 644 thousand MT for this planting cycle. This is 30.3% down from the government’s (SIAP) 923 thousand MT production estimate, down from the average of 839 thousand MT, and 6% higher than the 607 thousand MT estimated in 2020. Production per bean type is estimated as follows: 296 thousand MT black beans, 10.2% down from the SS.

2020 estimate, 262 thousand MT pinto beans, 42% higher than then 2020, 86 thousand MT colored beans, 7.9% down from 2020. In the 2020/2021 trade year dry bean imports reached 277 thousand MT pinto and black beans, a record high in the last 11 years. Almost 90% of these beans were U.S. origin. If no adverse weather events occur in the next weeks, the production numbers may increase. We will be filing a final harvest update with more concise and updated production information in the next weeks.