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Support program for dry beans
Mexico’s Secretariat of Agriculture, Livestock, Rural Development, Fisheries and Foodstuffs (SAGARPA) is discussing a new support program for dry bean producers with less than 10 hectares in the states of Zacatecas and Durango for the 2003 spring/summer crop cycle. Under the program, SAGARPA will purchase and store beans directly.

Officials from Mexico’s Secretariat of griculture (SAGARPA) are discussing a new support program for dry bean producers in the states of Durango and Zacatecas in recent press conferences. Reportedly, the program will establish a producer price of 4.5 pesos per kilo (US$ 18 cents per pound) for producers with less than 10 hectares. SAGARPA officials have estimated that the program would apply to 60,000 MT of beans from the spring/summer 2003 crop in Durango and Zacatecas, about 10 percent of the total crop in these states and about five percent of Mexico’s total crop.

Farmers will have the option of selling their beans directly to SAGARPA without any prior cleaning for 4.5 pesos per kilogram, more than double last year’s market price. A second option will be to sell to a storage center where a farmer can pay to have the beans cleaned and packaged in return for a price of 5.0 pesos per kilogram provided the final product meets a certain quality standard. SAGARPA will then store the beans as necessary.

MGR Archive 28.10.2003
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Region Type Price  
Russia Rapan $ 700
USA Jupiter Rice $630
USA Calrose #1 $830
USA Calrose #1 Paddy $480
EU Prices Baldo €660
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