May 28, 2025
Sam Peck of Jack’s Bean International shares his take on this year’s US dry bean seedings—from planting intentions and market headwinds to tariff tensions and mounting pressure from South American producers.
Argentinian black beans have been entering Mexico at prices US growers can’t match, intensifying pressure on domestic markets.
The way the US has gone about the tariffs hasn’t been good – we have no clue what's going to happen from one day to the next. The 10% tariff on everything is just a lazy way to do it. Fortunately for bean exporters, Claudia Sheinbaum doesn't seem to make knee-jerk decisions, so we don't think Mexico will retaliate with any tariffs on staples like wheat, corn, or beans. The 90-day hold on tariffs does mean we aren’t too concerned about tariff effects for the moment.
The tariffs are changing people's behaviour though. I've been importing stuff for around four years pretty heavily, and that's definitely going to change.
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