📈 Market Overview: Current Bean Prices and Trends

The bean market has shown steady prices across various types and origins as of the latest update on April 18, 2025. Notably, large white kidney beans from China are priced at $3.51 per unit, reflecting a slight decrease from $3.53, indicating a stable market with minor fluctuations.

📊 Price Movements at Major Trading Hubs

📌 Key Market Drivers

• USDA reports and global production forecasts indicate a stable supply but growing import demands, especially from India.
• Weather conditions in major producing regions like Brazil and China are expected to impact the upcoming harvests.
• Speculative positioning in market indices suggests cautious optimism among traders.

⛅ Weather Forecast – Impact on Harvest

Current weather patterns in Brazil and China, key bean-producing countries, show mild temperatures and adequate rainfall, conducive to healthy crop development. However, any unexpected changes could alter market dynamics significantly.

📉 Global Production and Stock Levels

Despite steady global production, the increase in import demands, particularly from India, where import values have surged by over 46% for pulses, suggests a tightening global market.

🔮 Price Forecast – Next 3 Days

Given the stable market conditions and current supply forecasts, prices are expected to remain relatively stable with slight fluctuations driven by local market news and global economic conditions.