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.
The U.S. Apple Association, which represents a specialty crop significantly affected by retaliatory tariffs, asked President Trump for action on trade issues on the night of his State of the Union address.
About two dozen fresh produce and nut companies are recipients of funds from the U.S. Department of Agriculture’s $200 million Agricultural Trade Promotion Program, to alleviate the effects of tariffs on exports.
Sun World International, Bakersfield, Calif., has grown its grape exports significantly in the past several years, which the company attributes to a strong brand presence and strong partnerships in export markets.
The U.S. Department of Agriculture has added shelled almonds and fresh sweet cherries to the list of commodities that can receive direct assistance in the wake of rising tariffs triggered by trade disputes.