It's certainly not over, but farmers and food producers may receive a few months' respite as tariffs in the Sino-U.S. trade war will not escalate for 90 days. Additionally, they can at least look forward to a new normal as the United States-Mexico-Canada Agreement (USMCA) moves forward to full ratification.
The U.S. and Mexico officially resolved a trade disagreement regarding sugar after formally signing an agreement June 30. The deal, initially unveiled June 6, will seek to prevent Mexico from dumping inexpensive sugar into the U.S. market.
Although Sino-American trade relations remain contentious, U.S. farmers can rest easy knowing an accord for the North American continent has been agreed upon.
Avocado production is down, but prices are up and producers are reaping the benefits, even if some entrepreneurs decry the Millennial habit of eating avocado toast.
