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.
Consolidation on the supply side of fresh produce marketers was a theme for 2018, headlined by the Fresh Del Monte Produce purchase of Mann Packing and the 45% stake in Dole Food acquired by Ireland-based Total Produce.
With harvest starting later this month, cranberry growers are still waiting on the U.S. Department of Agriculture to decide on a proposal to cut the allowable amount of fruit marketed in the 2018-19 season by about 25%.
AgriTalk Host Chip Flory brings in Jim Wiesemeyer to cover news from Washington, Greg Henderson and Pamela Riemenschneider cover online produce shopping, and Rhonda Brooks previews Farm Journal's Yield Tour.