The price of beans is being undercut by intermediaries.

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The price of beans is being undervalued by intermediaries


The Minister of Agriculture and Melioration of the Kyrgyz Republic, T. Aydaraliev, met with bean producers and buyers during his trip to Talas. The residents of Talas are dissatisfied with the prices of beans this year. It is worth noting that last year the price of beans ranged from 74 soms to 100 soms, while in 2014, from January to March, they were purchased at prices ranging from 100 soms to 115 soms. However, from mid-March, the price of beans was estimated at 60-65 soms. Bean producers hoped that last year's prices would be maintained this year. The minister met with bean producers and listened to their opinions. According to the monitoring conducted on-site, it was revealed that large companies purchasing beans operate covertly. It also became known that beans are being bought at undervalued prices through intermediaries of these companies. According to the minister, cleaned beans are purchased at 60-65 soms, while those harvested by combine are bought at 58 soms.

The chronology of the price increase for beans in 2013, as well as its price today:

74-83 s/kg - 1.12.13
95-100 s/kg - 29.12.13
100-113 s/kg - 20.01.14
105-115 s/kg - 28.01.14
105-115 s/kg - 28.02.14
100-105 s/kg - 4 March 2014
60-65 s/kg - April to September
Current price:
58-60 s/kg - for combine, 63-65 s/kg - cleaned.
Price of beans from 2010 to 2012:
2010: 18-22 (spring - 28) s/kg,
2011: 28-30 (spring - 35) s/kg,
2012: 30-35 (spring - 50) s/kg.

Press Service of the Ministry of Agriculture and Melioration of the Kyrgyz Republic
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