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Friday, July 31, 2020

California Grape Market Good and 15 States Push for Electric Trucks - AG INFORMATION NETWORK OF THE WEST - AGInfo Ag Information Network Of The West

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Bob Larson
Bob Larson
From the Ag Information Network, I’m Bob Larson with your Agribusiness Update.

**California grape marketers will benefit from strong retail sales through the balance of the year and should weather the COVID-19 in good shape.

Rabobank’s senior fresh produce analyst, David Magaña tells thepacker.com about 65% of California’s table grapes are marketed in the U.S, and they expect strong retail sales will boost prospects in the months ahead.

Foodservice sales typically represent about 20% of grape volume.

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**As part of its commitment to ensure fair and competitive markets for the livestock, meat and poultry industries, the USDA released a report on its Boxed Beef and Fed Cattle Price Spread Investigation.

Ag Secretary Sonny Perdue says the closure of the Tyson beef packing plant in Kansas AND the pandemic clearly disrupted the markets and processing systems.

He wants to assure producers that work continues to determine if there are any violations of the Packers and Stockyards Act.

**A coalition of 15 states, and Washington, DC, announced their intention to push the adoption of electric medium and heavy-duty vehicles, including trucks.

According to modernfarmer.com, agriculture is the single largest sector user of freight shipping, which means an awful lot of trucks would be impacted if this new, or beginnings of a plan, is enacted.

The coalition came together following an announcement from California about a month ago, laying out plans to require increasing percentages of electric vehicles.

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The Link Lonk


July 31, 2020 at 02:08PM
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California Grape Market Good and 15 States Push for Electric Trucks - AG INFORMATION NETWORK OF THE WEST - AGInfo Ag Information Network Of The West

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