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.
Groups such as the Fresh Produce Association of the Americas and the Border Trade Alliance continue to make misleading statements about the U.S.-Mexico Tomato Suspension Agreement in an apparent attempt to muddy the waters and stoke fear among other agricultural sectors in the U.S.
Growers and importers of Mexican tomatoes and segments of the U.S. tomato industry continue to spar over a Department of Commerce decision to end an agreement that holds an anti-dumping investigation at bay.
I feel compelled to respond to disappointing comments about the renegotiation of the Tomato Suspension Agreement made by Michael Schadler of the Florida Tomato Exchange in the March 4 issue of The Packer.