date:Jul 31, 2013
es place in conversations between growers and processors because there is no futures market available for edible beans. Processors, in turn, sell their inventories to wholesalers and exporters. At any time, buyers may choose to contract their purchases or buy hand to mouth, depending on market conditions.
If, though, prices surge well above the contracted amount, processors are forced to pay the difference and they could get crushed, he said.
Mr. Campuzanos company buys edible beans from U.S.