Including vine crops, the U.S. Department of Agriculture (USDA) predicts that the total annual value of domestic fruit, vegetable and nut production will exceed $66 billion in 2029, an increase of $14 billion over the 2020 annual value, or a cumulative rise of 26.9 percent. AppHarvest assesses that
Bunge entered into an agreement to sell substantially all of its wheat milling business in Mexico, a transaction scheduled to close in the second quarter of 2022. On October 12, 2021, the company entered into an agreement regarding this sale in exchange for cash proceeds approximately equal to
Michoacán led agricultural exports among all Mexican states in the first quarter of 2022, reported Inegi. Michoacán’s agricultural exports amounted to 1,384.6 million dollars in the first quarter of this year, which represented a 12.5 percent year-on-year increase. Thus, Michoacán accounted for 30.9 percent of Mexico‘s agricultural exports.
The Organization for Economic Co-operation and Development (OECD) expects Mexico’s budget deficit to increase to 3.1% of GDP in 2022, from 2.9% in 2021. The OECD also projects that this deficit will then decrease to 2.8% of GDP in 2023. It considers that the official measure of public
Chihuahua and Coahuila took the top positions among the states that export the most in Mexico, Inegi reported on Thursday. In the first quarter of 2022, the states with the highest contribution to the total value of exports were: Chihuahua (14.3%), Coahuila de Zaragoza (11.8%), Baja California (10.3%),
New regulations for drivers in the United States with commercial driver’s licenses led to 81,000 drivers being removed from the trucking industry in 2020 and 2021. There, the Federal Motor Carrier Safety Administration (FMCSA) has established a drug and alcohol clearinghouse for commercial driver’s licenses, which is a