News That Matters

Tag: international trade

2nd State in Mexico Begins Avocado Exports to U.S. Market
News

2nd State in Mexico Begins Avocado Exports to U.S. Market

By MARK STEVENSON, Associated PressMEXICO CITY (AP) — U.S. consumers will finally get the chance to try avocados from Jalisco after 25 years in which neighboring Michoacan has been the only Mexican state authorized to send the green fruit to the U.S. market.That just may help with prices, which have soared this year to over $2 per fruit amid a dip in production in Michoacan.Growers and packers in Jalisco, just northwest of Michoacan, expressed hope that their state can provide more consistent production levels and stability for prices for avocados, which have fluctuated widely amid seasonal supply shortages.Eleven trucks bearing 200 tons of avocados from Jalisco lined up Thursday in the mountain town of Zapotlan El Grande to set out for the United States.Political Cartoons on World Lead...
Ukraine’s Grain Is Ready to Go. but Ships Aren’t. Why? Risk
News

Ukraine’s Grain Is Ready to Go. but Ships Aren’t. Why? Risk

By AYA BATRAWY, Associated PressShipping companies are not rushing to export millions of tons of grain trapped in Ukraine, despite a breakthrough deal to provide safe corridors through the Black Sea. That is because explosive mines are drifting in the waters, ship owners are assessing the risks and many still have questions over how the deal will unfold.The complexities of the agreement have set off a slow, cautious start, but it's only good for 120 days — and the clock began ticking last week.The goal over the next four months is to get some 20 million tons of grain out of three Ukrainian sea ports blocked since Russia's Feb. 24 invasion. That provides time for about four to five large bulk carriers per day to transport grain from the ports to millions of impoverished people worldwide ...