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Article: Dried vegetables.(MARKETS)(prices comparison of dried vegetables )
- Article from:
- The Food Institute Report
- Article date:
- March 5, 2007
- Author:
CopyrightCOPYRIGHT 2007 The Food Institute. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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DRIED BEANS--The acreage outlook for the U.S. dry edible bean crop in 2007 is uncertain. The uncertainty surrounding dry bean acreage for 2007, stems from the broad price strength for most competing field crops, namely higher prices in rising demand for corn from the ethanol industry. The apparent long-term emphasis on ethanol fuel blends mean strong intercrop acreage competition, elevated commodity prices, and muddied market signals--perhaps for longer than just 2007. How long may depend on such things as oil prices, advances in ethanol technology (to use more than just grain corn), and whether USDA allows farms an early release from the Conservation Reserve Program ...