U.S.-Mexico Tomato Dispute and Pork Production Up

U.S.-Mexico Tomato Dispute and Pork Production Up

Bob Larson
Bob Larson
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.

**Florida tomato growers and Mexican tomato importers continue to argue over the terms of the suspension agreement between Mexican tomato growers and the U.S. Department of Commerce.

According to www.thepacker.com, both are watching how an upcoming DOC ruling could change the way minimum imported tomato prices are calculated.

The Fresh Produce Association and the Texas International

Produce Association applaud the efforts in urging the DOC to maintain current mechanisms for price determination.


**Retail food prices have increased 1.6% in the first six months of 2021, less than the same period last year of 2.9% and equal to the historical average from 2000 to 2019.

www.agrimarketing.com reports, of the 13 food categories depicted in the chart, 10 have experienced slower price increases so far in 2021 compared with 2020, while 5 categories trailed their historical midyear average price increases.


**Unexpectedly high slaughter rates in China pushed pork production higher in the first half of the year and resulted in sharp price declines and negative results for both farming and trading in 2021.

According to www.agriculture.com, it also means low pork imports into China in the third quarter of 2021.

The latest Pork Quarterly report from RaboResearch, China’s slaughter rates jumped sharply in the second quarter, pushing pork production up 35.9% over last year’s rate in the first half of the year.


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