February 12, 2026
We sat down with Ivan Martin of Alimar to get an update ahead of the Argentinian bean seedings. He discussed the conditions ahead of the harvest, a bad year for black beans, and why commodity prices could see alubias lose ground.
Argentina is entering bean seeding with stable dedicated alubia acreage, though flexible areas may shift toward soybeans and corn amid more attractive commodity pricing.
“This year, I think we can say we've reached a surplus of global pulse stocks with almost all types trending upwards, whether that's to do with big productions or the behaviour of the market, the only pulse that has sustained its market is the light red kidney.
The 2025 campaign has been really negative for pulse sales. Typically, some alubia stock is saved to sell during the November/December period, as demand would usually appear from Brazil or importers from Europe – there's usually a price bump during those dates. This year, that’s not been the case. One of the reasons could be the loss of market to Egypt, whose production has grown since our disastrous year in 2024. Their winter crop has also pushed alubia prices down.”
Lower-quality 2025 alubia carryover and rising Egyptian production are expected to weigh more heavily on prices than stock volumes alone.
Disclaimer: The opinions or views expressed in this publication are those of the authors or quoted persons. They do not purport to reflect the opinions or views of the Global Pulse Confederation or its members.
