Читать книгу Dry Beans and Pulses Production, Processing, and Nutrition онлайн

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The dry bean market is determined by the perception of supply versus demand by the industry stakeholders. This is significantly different than many crops such as corn, soybeans, and wheat. Growers, processors, trading companies, canners, and packagers all have an opinion of what the price of beans at a given time should be. Forward or advance contracting has become an important tool in the supply chain. Each stakeholder in the supply chain can decide if or how deeply they want to participate at any given time. Market risk is a big factor in such decision‐making.

Meeting the terms of the sale or purchase the grower or buyer chooses to enter is another big risk. Each contact/contractor in the supply chain details the expectation as it relates to participants, price, delivery period, quality specifications, packaging, what approved chemistry can be used on the beans. Also, included in this contract are various logistical and economic details such as, delivery location, payment terms, trade rules that apply, etc. Most canners and packagers have very detailed specifications that apply to each of their purchases. It is noteworthy to recognize that a single adverse weather event can cause challenges meeting these specifications.