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.
After Hurricane Irma ripped through Southwest Florida, several citrus growers took The Packer through groves that were ravaged by the storm and described the challenges they now face and how they move forward.
The U.S. Department of Agriculture has pulled a proposal that would have required U.S. shippers of apples and grapes to electronically enter export certificate information into the U.S. Census Bureau’s online system.
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.
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.