Furmano's Crop Update

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Crop Update

Fall 2016

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Dry Beans

The 2016 dry bean harvest is approximately 85% - 90% complete. This crop year has been reported as being especially challenging for the dry bean industry. Many key growing regions experienced a difficult season.

Michigan, which produces mostly Black Beans, Kidney Beans and Small Red Beans, reports an average crop year so far.

Wisconsin had a good quality dry bean crop at the beginning of the growing season but heavy rains caused damage just before harvest.

The MINN-DAK Region, the largest supplier of dry beans in the U.S., was heavily impacted by extreme weather conditions. The Red River Valley, a fertile valley forming the border between Minnesota and North Dakota, suffered storms that produced 5-10 inches of rain at a time. Many areas of the MINN- DAK region saw rainfall 20 inches above normal, causing a loss of 20% - 40% of the crop overall.

In the opposite extreme, New York, a large producer of Black Beans, Light Red Kidney Beans and Dark Red Kidney Beans, experienced severe drought conditions this summer causing yields to be greatly reduced from initial predictions.

The impact of these weather events has caused a firming of dry bean market prices where typically, there is a softening during harvest. The dry bean industry remains hopeful as they wait to see the results of the remaining 10% - 15% of unharvested beans.

Dry bean suppliers and market experts continue to examine how export pressures will impact pricing going into 2017. Mexico and South America expect to harvest their dry bean crops in January and February. Depending on the quality and yield of beans from these key growing regions there could be added pressure on domestic supply.

As always, Furmano’s continues to monitor market conditions for dry beans closely. We are dedicated to meeting our customers’ demand for quality and securing enough raw product to meet their needs for the coming year.

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Tomatoes

Furmano’s 2016 tomato harvest ended in mid-October, just one day before the first freeze. The overall quality of the crop was good, producing deep red, great tasting tomatoes. The value of having our crop geographically diversified was highlighted this year, as we had some regions challenged by weather conditions, while others helped to offset those shortfalls by being over our expectations.

Now that the tomatoes are out of the field, our Ag Team will review the season, prep the soil for cover crops and begin looking towards next year’s crop so we can continue our family tradition of bringing great tasting products to you.

We want to thank everyone involved in getting our crop from seed to can this year!


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