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Mexico's First 2004 Auction of U.S. Dry Edible Beans
USDA, March, 2004
On March 5, 2004, the Mexican government published in the Diario Oficial (Federal Register) the Secretariat of Economy’s (SE) announcement that on April 2, 2004, it will conduct the first auction of the NAFTA Tariff Rate Quota (TRQ) imports permits for 22,398.746 MT of U.S. dry edible beans (except for planting), in lots of no more than 4,479.749 MT. Participation in the auction is limited to traders and packers in operation for at least one year as well as dry bean producer organizations. The auction itself will be conducted in two sessions at SE in Mexico City at 10:30 and 17:00.

Following are the auction details:
Country: US
Auction No: 005/2004
Tariff No: 0713.33.02, 0713.33.03, 0713.33.99
Products: Beans expect for planting
Unit: Kg.
Auction quantity: 22,398,746
Maximum amount per participant: 4,479,749 kg.
Auction time: April 02, 2004, 10.30

Country: Canada
Auction No: 12/2003
Tariff No: 0713.33.02, 0713.33.03, 0713.33.99
Products: Beans expect for planting
Unit: Kg.
Auction quantity: 671,903
Maximum amount per participant: 134,380 kg.
Auction time: April 02, 2004, 17.00


Sealed bids will be accepted starting 1 ˝ hours before auction time.

Also on March 5, 2004, SE separately announced in the Diario Oficial, the 2004 NAFTA Tariff Rate Quota (TRQ) for dry edible beans. This announcement includes information on Mexico's administration of bids for the importation of dry beans in 2004, according to the understanding reached between the U.S. and Mexico.
Consequently, Mexico is allocating one-third of the NAFTA quota on April 2 of 2004. SE will allocate the remaining two thirds of the NAFTA TRQ on June 1st (or the previous business day) of 2004. Both allocations will be through public auctions.

The announcement also indicates that SE will announce in the Diario Oficial the first auction a month before it takes place (20 business days). Participation in the auction is limited to people or companies established in Mexico.


Under NAFTA, Mexico’s minimum access obligation for U.S. dry edible bean in 2004 is a tariff rate quota of 67,196.239 MT. Dry beans imported above this TRQ are subject to the 2004 NAFTA duty of 46.9 percent.
Lastly, the announcement indicates that the import permits for the first auction will be valid until May 31, 2004, while the validity for permits from the second auction will be until September 30, 2004.
MGR Archive 15.3.2004
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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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