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USDA details trade damage estimate calculations

The USDA developed an estimate of gross trade damages for commodities with assessed retaliatory tariffs by various trading partners to set commodity payment rates and purchase levels.
August 23 , 2019

China to raise tariffs on US$75B in U.S. Goods

China announced on Friday that it would retaliate against President Trump’s next two batches of tariff increases on Chinese goods.
August 23 , 2019

EU to stop imports of Canadian cherries, other fruits

The move comes as the bloc enforces new import requirements related to pests, and looks set to also affect apples, pears, cranberries, blueberries, peppers, potatoes and tomatoes.
August 23 , 2019

U.K.: Lidl reaches record market share as 'big four' retailers lose ground

A burst of store openings that attracted nearly 500,000 more customers helped the discounter attain a 5.9% market share – its largest to date.
August 23 , 2019

U.S. apple exports to top markets tumble in H1

The U.S.'s top two apple markets in 2018 saw reductions of 33% and 67% during the first six months of the year, amid newly imposed tariffs and threats of tariffs.
August 23 , 2019
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State of the Market - Week 33, 2019 The U.S. market saw lemon and orange prices remain stable in week 33, while mandarin prices fell. The European avocado market is also reported to be better than last year.

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Del Monte Pacific restructures U.S. supply chain Del Monte Pacific plans to move to an "asset-light strategy" and divest production facilities of U.S. subsidiary Del Monte Foods.

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NZ: Rockit Global "step-changes" business with new HQ and packhouse “This project signifies the growth of the apple industry in Hawke’s Bay, and signals the coming of age of Rockit and a reflection of our confidence and belief in our product and brand,” says CEO.

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Mucci Farms acquires Orangeline Farms Aside from the Orangeline acquisition, North America-based produce company Mucci also announced "aggressive" expansion plans in Canada and the U.S.

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Chilean kiwifruit: First North American promotion leads to strong sales growth The kiwifruit campaign has included everything from digital coupons and demos to sales and display contests at both regional and nationwide chains.

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New U.S.-Mexico tomato trade deal met with mixed reactions While the FPAA has warned that the new tomato deal will unnecessarily slow border traffic, harming industries, the FTE has said the agreement will protect against dumping.

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Bayer sells animal health business for US$7.6B amid mounting Roundup cancer claims The move comes as Bayer tries to reorganize its business following its acquisition of Monsanto, which faces scores of lawsuits over claims its pesticide Roundup causes cancer.

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Grape compound 'may be effective alternative to drugs' in fight against depression Scientists have found that the plant compound resveratrol, found in the skin and seeds of grapes and berries, can block an enzyme that causes depression and anxiety.

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U.S.: Gladstone Land expands with US$33M pistachio farm purchase Gladstone says this is the first closing of a two-part acquisition; the second closing will be larger and is scheduled for the fourth quarter of 2019.

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Chilean cherry exports to rise 15% to over 200,000MT, forecasts USDA It attributed the projected increase to increased productivity in new orchards. There are now 37,000 hectares of Chilean cherry farms - almost double the figure in the 2015-16 season.

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