Despite increased volume this year and lost foodservice business because of the COVID-19 crisis, avocado prices will remain steady through 2020 and into the first quarter of 2021, a new report from Rabobank predicts.
Mexican avocado growers, packers and exporters are investing $12 million in a facility that will house research labs, U.S. and Mexico department of agriculture offices, and a research and development avocado orchard.
(UPDATED, Nov. 2) Mexican avocado farmers became a target of organized crime in the 1990s when the industry was just beginning to experience booming growth, an investigation by Mexico’s attorney general said.
Growers and importers of Mexican tomatoes and segments of the U.S. tomato industry continue to spar over a Department of Commerce decision to end an agreement that holds an anti-dumping investigation at bay.
With a hint of possible trade retaliation against U.S. agricultural imports, Mexican industry leaders have warned that the current proposal from the U.S. create a new tomato suspension agreement is unacceptable.
Federal and state agencies in Arizona and Texas are gearing up for the start of mandatory U.S. inspections of Mexican tomatoes on April 1, but worries remain about possible bottlenecks for all produce.
The latest fiscal 2019 trade estimates from the U.S. Department of Agriculture raise predictions for fresh produce imports compared with a November forecast but keep the estimate for fresh produce exports stable.