Bean production declines across key producing countries

The global bean market could face tighter supplies in 2026/27 as production declines in Canada, the US, Mexico, Brazil and Argentina. The biggest shortages are expected in black beans and pinto beans.

In Canada, colored bean production fell 26% y/y to 355 thsd tons, while white bean output remained roughly unchanged from last year. Opening stocks are estimated at 49 thsd tons, while exports in 2026/27 are forecast to decline to 360 thsd tons from 406 thsd tons a year earlier.

In the US, USDA forecasts bean production at 1.06 mln tons, down from 1.22 mln tons last year. The sharpest declines are in black and pinto beans, while unfavorable growing conditions in North Dakota, Michigan, Colorado and Nebraska could further reduce output.

Mexico’s bean production is expected to decline by around 210 thsd tons year on year. At the same time, Brazil and Argentina have significantly reduced planted area under black beans, adding to concerns over tighter global supplies.

Against this backdrop, US prices for black and pinto beans have risen by 35–45% over the past 12 weeks. In addition to weather-related problems, production has also been constrained by competition for acreage from more profitable crops, including canola and soybeans.

Tags: beans, global market