The average value of Mexican beans fell 40.3% year over year between January and August 2026, reaching $602.62 per metric ton, according to agricultural consultancy GCMA.
The group attributes part of the decline to weaker demand and the sale of public inventories accumulated during the previous crop cycle.
According to GCMA, the federal purchasing program acquired more beans than its normal commercial channels could absorb, leading part of the remaining stock to be sold in the open market at lower prices.
Current rules set a procurement price of MXN 27,000 per metric ton for eligible small-scale bean growers from the 2025 spring-summer crop cycle. The framework also allows remaining inventories to be sold through other institutional channels or in the open market.
The decline is also visible in regional wholesale markets. In Nuevo León, for example, domestic pinto bean prices fell 25.6% year over year in September to MXN 18.60 per kilogram.
Public stock levels and the pace of future sales are likely to remain important factors in price formation during the new harvest cycle.
Source: Diario MX
