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.
While a chorus of business and industry leaders is fighting for Congressional approval of the United States-Mexico-Canada Agreement, some sources believe the near-term outlook appears cloudy at best for the deal.
Americold Realty Trust, which owns and operates temperature-controlled facilities and infrastructure, has acquired PortFresh Holdings, which serves the fresh produce industry primarily through the Port of Savannah, Ga.
The FDA says romaine lettuce is now safe to eat following the “purge” of product on the market, and grower-shippers agreed to new labeling standards that will include where the lettuce is grown.