Florida Strawberries Available and New Trade Deal with India
From the Ag Information Network, I’m Bob Larson and this is your Agribusiness Update.
**Besides the cooler, less humid weather, Florida’s late fall and winter also brings the sweet burst of locally grown strawberries.
www.morningagclips.com reports juicy, vibrant and fresh from the fields, these Sunshine State gems are waiting for you at
your favorite market.
Farmers in Hillsborough, Manatee and Polk counties harvest
Florida strawberries on about 16,000 acres from December thru March, and bring in roughly $500 million a year statewide.
www.morningagclips.com/florida-strawberry-season-bursts-with-sweetness/
**India expects to secure a new trade deal with the U.S. before the end of the year.
Reuters says most issues between the two countries appear to be resolved after the U.S. imposed import tariffs of 50% in late August.
The White House wants India to reduce oil purchases from Russia and bring down tariffs on multiple sectors, including agricultural trade.
India’s trade secretary told industry leaders a trade framework needs to come first.
**Farmer sentiment strengthened in November as rising crop prices and improved export prospects pushed the Purdue University/CME Group’s Ag Economy Barometer to 139, the highest since June.
Much of the increase was driven by a sharp 15-point jump in future expectations, even as current conditions held steady.
Financial outlooks improved alongside a 10-15% rally in fall-delivery corn and soybean bids, helping offset weaker cattle prices.
