White Mountain Pinto Beans

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Slow Darkening Trait
White Mountain Pinto Beans

• The trait was developed by the CDC.
• Released exclusively to Walker Seeds.
• No other Pinto Bean has this unique trait.
• Holds its fresh white color much longer then all
  other Pinto Bean varieties.
• Slow Darkening trait has provide a 0.02-0.04/lb
  price premium to growers over traditional Pinto
  varieties the past two years.

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As you can see in the three photos. The Pinto
Beans on the right gradually get darker and
darker in color with time. A very undesirable
trait in Pinto Beans and is why the Slow
Darkening variety is now preferred by consumers.
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Consuming Markets

• Both the Mexican and USA markets consume
  approximately 550,000-600,000 tons of Pinto Beans
  per year. Making Pinto Beans the most consumed
  Bean in the NAFTA region. Also the most liquid of
  all dry edible beans with constant demand that is
  not affected by seasonal preferences.
• Pinto Bean consumption is estimated at 220,000
  tons per year in Mexico alone. Mexico imports
  nearly 100,000 tons of dry edible beans every
  year. Black and Pinto beans are the two main
  varieties consumed and imported.
• The USA consumes close to 350,000 tons of Pinto
  Beans per year but also produce nearly the same
  amount annually. It is by far the main variety
  consumed in the USA domestic market. Mindak and
  North Dakota produces 80 of the USA Pinto Beans.
  This product is mainly used for canning and other
  industrialized or precooked products distributed
  through supermarket chains that are aimed at the
  mid to lower end price markets.
• Premium Quality Markets are another segment of
  demand that asks for premium quality Pinto Beans.
  Quality is defined by color and size and of these
  two characteristics color would be the most
  important aspect.
• These markets are in a defined geographical area
  mainly with Hispanic populations. In the USA -
  California, Arizona, New Mexico, Texas, and
  Florida. In Mexico, all of the northern and
  Central states consume the majority of the Pinto
  Bean in Mexico. The demand for the premium
  quality Pinto Bean is more than 180,000 tons and
  this market segment is the main focus of our
  White Mountain Pinto Bean program.

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• U.S. Pinto Bean Supply-Demand Estimates
• (acres, metric tons)
• Year 2005 2006 2007
  2008 2009
• Acreage 755,886 661,061 628,446
  601,519 721,600
• Yield (lbs) 1,581 1,384 1,652
  1,650 1,471
• Production 541,929 415,063 470,977
  450,239 481,328
• Carryin 40,000 85,000 35,000
  18,600 10,000
• Stocks 581,929 500,063 505,977
  468,839 491,328
• Disappearance
  
• Europe 2,047 1,993 5,617
  3,500 3,700
• Americas 92,217 70,130 67,694
  69,000 68,900
• Other 29,892 20,590 40,347
  40,300 33,700
• Total Exports 124,156 92,713 113,659
  112,800 106,300
• Domestic 348,786 349,545 351,891
  319,853 336,248
• Seed, Feed, Waste 23,988 22,805 21,828
  26,185 23,779
• Total Usage 496,930 465,063 487,377
  458,838 466,328
• Ending Stocks 85,000 35,000
  18,600 10,000 25,000
• Stocks/Use Ratio 17.1 7.5 3.8
  2.2 5.4

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Seeding and Harvesting Tips

• Seeding Date - last week May first week of June.
• Optimum ground temperature is 12 degree Celsius.
• Seeding Depth - 2.5 inches
• If using traditional seeding equipment beans
  should be soaked for a minimum of 24 hrs prior to
  seeding. Helps reduce cracking and increases
  plant count and overall health.
• Treatment and inoculant should be applied after
  soaking.
• Seeding Rate - 110 lbs/acre narrow row and 90
  lbs/acre wide row.
• Rolling - should be done within 3 days of
  seeding.
• Maturity - 1533 - 87 to 92 days.
• Maturity - 2793 - 90 to 95 days - Limited supply
  in 2009.
• Must be swathed to reduce cracking and splits.
  Best to be combines at 18 moisture to reduce
  cracking and splits then dried down with air to
  16.

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Crop Return Comparison
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As you can see in the photo to the left. Pod
clearance is good which reduces your risk of
white mold and makes harvesting much easier.
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Contract Details

• Seed Costs Cash Price - 0.6700/lb - Treated
• - Seed Carry Price - 0.6950/lb - Treated Carry
  until Dec 01/09
• Germ 95
• Disease 0
• New seed must be purchased each spring to ensure
  variety remains pure.
• All seed must be treated prior to planting to
  increase yield and reduce seedling diseases.
• Row crop we recommend 90 lbs per acres seeding
  rate and for solid seeded acres we recommended
  110 lbs per acre.
• Contract Options
• - Pooled - Total Production to be
  delivered to (Keg Agro) Walker Seeds Ltd.
• 0.3500/lb delivered price (this is a floor
  price) for White Mountain Premium Grade. A
  0.02/lbs discounts will apply for Canada 1 and
  0.05/lbs for 2, 3 and lower grades will be paid
  at daily bid.
• If market increases in price you will receive the
  higher value.
• Can take delivery of total production off
  combine. Free up valuable bin space for other
  commodities.
• Payments for delivered product will be in
  increments as follows.
• 60 Dec 01/09
• 20 Apr 01/10
• 20 - Plus final pool payment by Sept 31/10.
• We are fully licensed and bonded with the CGC.