Poultry More Attractive Option and USTR's Fees on Chinese Ships
From the Ag Information Network, this is your Agribusiness Update.
**With winter turning to spring, vegetable production in California is shifting from the Imperial Valley back to the Salinas Valley, which dominates the state’s vegetable production much of the year.
Monterey County vegetable grower, Jonathan Merrill says March, April, May is when we start to ramp up once the rain winds down.
We specialize in partner contracts and grow for bigger brands that you’ll see in the grocery stores.
**Improved economic conditions in many regions, together with ongoing high prices for other proteins, make poultry an attractive option for worldwide consumers.
Rabobank says global consumption growth is predicted to reach 2.5 to 3% this year.
This marks the second year of above-average market growth, which led to significant improvements in margin performance.
However, dealing with bird flu remains a significant challenge for the U.S. poultry industry and one of its biggest concerns.
**A U.S. Trade Representative proposal to impose new fees on ocean carriers with ties to China could take a major toll on America’s farmers and ranchers.
To address China’s dominance in global shipbuilding and logistics, the Trump administration has proposed a series of fees targeting Chinese-operated-or-built vessels that access American ports.
Fees would go as high as $1.5 million per port call.
Two-thirds of all U.S. ag exports by volume are shipped overseas.
www.gfb.org/news/ag-news/post/farmers-could-incur-higher-shipping-costs-with-proposed-fees
