Today's Headline

Bayer hit with US$2B verdict in third Roundup trial

It’s the largest jury award in the U.S. so far this year and the eighth-largest ever in a product-defect claim, according to data compiled by Bloomberg.
May 13 , 2019

Spain's El Ciruelo acquires leading Brazilian table grape producer

Spain-based fruit company El Ciruelo has reached an agreement with Grupo JD to acquire its subsidiary Labrunier, the largest Brazilian table grape producer, as well as its international distributor Bravis.
May 13 , 2019

China retaliates against U.S. with higher tariffs

Meanwhile, China’s Global Times’s editor in chief, Hu Xijin, is reporting that Beijing is also considering stopping buying U.S. agricultural products.
May 13 , 2019

Tariff increase on Chinese imports to raise input costs for U.S. farmers, says PMA rep

Richard Owen, vice president of global membership & engagement at the PMA, says there could be several implications for the U.S. produce industry of the tariff increase.
May 10 , 2019

Trump proposes buying over $15B of U.S. produce for "humanitarian assistance"

U.S. President Trump's suggestion to buy domestic produce for export to "poor and starving countries" is met with criticism, as trade expert weighs in on the harm of "large-scale agricultural dumping".
May 10 , 2019

Peruvian table grape industry growth to be analyzed at Global Grape Summit

Few countries have seen such explosive growth in the table grape industry as Peru, which in 10 years has gone from exporting 8 million boxes to 47 million last season, recently becoming the world’s third-largest exporter.
May 09 , 2019

U.S. ends tomato suspension agreement, will impose 17.5% tariff on Mexican imports

The U.S. Commerce Department announced on Tuesday that the country had ended the 2013 agreement with Mexico and said tariffs could be refunded if a subsequent investigation finds no unfair pricing.
May 07 , 2019

Sun World sells its farming operations

A sea change in the nature of the produce industry, Sun World has announced that it will focus its resources on genetics, branding and licensing, while a Sun Pacific affiliate is set to acquire its growing operations.
May 06 , 2019

EU: Red seedless supplies low following "complicated" period in table grape market, says importer

For the past year, most table grape-producing nations have had typical or larger-than-normal crops, leading to a surplus of supplies in the EU market, according to a representative of Origin Fruit Direct.
May 06 , 2019

U.S. avocado market remains strong following price spike, but likely to weaken in May

According to Del Rey Avocado Co.'s vice president, the market will likely see a gradual "price correction" over the course of May, following Cinco de Mayo, with a steady volume of supplies from Mexico, Peru, and domestic growers.
May 03 , 2019