Mexico to gain from Florida’s $273M crop damage
Mexico is expected to boost fruit and vegetable exports to the U.S. following record cold temperatures in Florida that damaged crops in December, according to Dow Jones newswires.
Florida’s Department of Agriculture expects US$273 million worth of losses from December, which included 9,000 acres of crop, reported website Wtop.com
The Department of Agriculture predicts damages to principal crops will push up prices in January and February. Mexico may fill in the gap for green beans, cucumbers, chilis, sweet corn and other crops.
Florida Fruit & Vegetable Association president Mike Stuart told Dow Jones newswires that ‘when there’s freezes in Florida, it’s an opportunity for Mexico’.