Panama Canal Limits Cargo and American Potato Export Records
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.
**The Panama Canal is responsible for facilitating trade as 40% of worldwide cargo ships use it to move between the Atlantic and Pacific Oceans.
Marine Insight says now, the Canal is restricting the number of ships passing and the cargo they carry due to the decreasing water supply caused by the ongoing drought due to El Niño conditions.
That will mean fewer than 34 ships can move through the canal in both directions every day.
**Scientists have discovered a gene in pig DNA that’s needed by the deadly African Swine Fever virus to cause an infection.
National Hog Farmer says this discovery could be a springboard into the development of pigs resistant to ASF, which has killed more than 200 million pigs worldwide and is a major issue across Asia.
This finding increases the possibility of gene editing to raise pigs resistant to the disease.
**America’s potato exports reached record value and volume between July of last year and June this year.
Export VALUES rose 19% to $2.2 billion, and export VOLUME rose almost 4% to 3.3 million metric tons.
Those export values increased across all categories, including frozen, fresh, dehydrated, seed, and chips.
Double-digit increases in value took place in all categories but seed potatoes.
