COMPETITIVE CHALLENGES EXPECTED FOR THE US DRY BEAN INDUSTRY IN 2016 One of the most important roles played by USDBC, is keeping industry members informed of global market developments. With international representatives strategically placed around the globe, USDBC not only provides on the ground data on new sales opportunities but also keeps the industry informed on expected competitive challenges, and new and emerging markets. Recent reports from our international representatives suggest that several competing dry bean producer markets and traditional importers of US dry beans are expecting huge crops this year. Argentina will produce a record dry bean crop with a notable increase in black bean production. South Africa is also anticipating a large crop with record white bean production. USDBC leadership will be looking at the competitive outlook for 2016 and considering how to approach the market challenges. USDBC international representatives will continue to identify and develop new opportunities in untapped markets and market segments that will help take up U.S. supply. We will also continue to provide the latest market intelligence to members to help guide marketing decisions. |