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.
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.
Although Hurricane Michael caused damage to crops in the Florida Panhandle, the central and southern parts of Florida, where the vast majority of the fall produce is grown, were not directly affected by the storm.
(UPDATED, 2:14 p.m.) With talks to modernize NAFTA apparently nearly finished, some Mexican trade sources are saying the U.S. has discarded its demand for a new trade protection tool for U.S. specialty crop growers.