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.
Greenhouse grower Mastronardi Produce is partnering with an entrepreneur noted for building well-known tequila and hair care brands in a venture to promote high-density farming systems across the globe.
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.
Weather issues have blown through production areas of Texas and Mexico, but suppliers for the 2018-19 Tex-Mex winter deal say they anticipate full volumes, once the deal starts to peak for most items in December.