Trade Talk

October 21, 2025

The mung bean round-up/
“South America is going to plant more than last year, for sure”

The mung bean round-up: The mung bean round-up / “South America is going to plant more than last year, for sure”

Luke Wilkinson

Head Writer

At a glance


  • Attractiveness of current prices is driving Argentina, Brazil, and Bolivia to significantly increase planted area.
  • The Chinese market is expected to open soon as Venezuelan companies finalise the registration process to obtain their GACC numbers.
  • Despite high expectations for the new crop, Venezuela has zero starting stock and is facing a severe pre-season seed shortage.


Vanessa on … getting GTA Trading up and running 

“Our new company has clear objectives: to continue investing with a group of Argentinian and Chinese investors to develop mung beans in Venezuela. We are working with a large company in Argentina that can help share its experience of different crops with Venezuelan farmers. We will also continue with other products, introducing sesame seeds and other items.”

Weather-stricken Venezuelan mung in 2024

“Last year, Venezuela faced several complications due to climate – in one region, a cercospora fungus outbreak led to lower yields. In total, exporters shipped no more than 35 KMT combined. Quality wasn't bad overall, but it wasn't the best. By the end of the harvest, many people sold their seed reserves in order not to fall short of fulfilling contracts and avoid paying penalties for non-compliance. That's one of the main reasons we don't predict a large production this year.”

READ THE FULL ARTICLE

Venezuela expects 50,000–60,000 ha of planted mung, though the main issue this year will be the shortage of seed and the need for varieties suited to extremely dry weather.

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