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.
The Port of Virginia, Norfolk, expects to see imports of fruit from South America increase with the completion of the U.S. Department of Agriculture’s Southeast In-Transit Cold Treatment Pilot program.
The latest fiscal 2019 trade estimates from the U.S. Department of Agriculture raise predictions for fresh produce imports compared with a November forecast but keep the estimate for fresh produce exports stable.
The U.S. Apple Association, which represents a specialty crop significantly affected by retaliatory tariffs, asked President Trump for action on trade issues on the night of his State of the Union address.