Federal trade and agriculture officials have rescheduled hearings for growers to testify on how foreign trade is harming U.S. agriculture, with a focus on the effects of Mexican produce imports on southwest growers.
Increased inspections are scheduled to begin on April 1 in Nogales, Ariz., as a result of the tomato suspension agreement that took effect in September, and distributors say they’re not sure what to expect.
Debt-to-asset ratios are on the rise, working capital is eroding and farmers’ sentiments are on the decline. Despite the negativity surrounding prices and outlooks, Famer Mac is providing a voice of optimism.
Groups such as the Fresh Produce Association of the Americas and the Border Trade Alliance continue to make misleading statements about the U.S.-Mexico Tomato Suspension Agreement in an apparent attempt to muddy the waters and stoke fear among other agricultural sectors in the U.S.