Farms.com Home   News

Media Contact Advisory: AgriLife Extension expert For U.S.-Cuba Agricultural Trade

By Blair Fannin

President Obama is set to discuss efforts to normalize diplomatic relations with Cuba as part of Tuesday’s State of the Union Address.

WHO: Dr. Parr Rosson, Texas A&M AgriLife Extension Service economist and head of the department of agricultural economics at Texas A&M University in College Station, has expertise in international agricultural trade with special emphasis on Cuba and Texas agricultural exports.

IMPACT: U.S. agricultural exports to Cuba have the potential to be as much as $400 million to $500 million within the next two years if agreements are made.

Texas agriculture currently supplies Cuba with several limited export items, including chicken leg quarters and corn. Pork, cotton and dairy produced in Texas are also exported, and more rice exports are expected, according to Rosson.

Source:agrilife.org


Trending Video

Iran War = “Trend is Your Friend” Short-Term BUT……

Video: Iran War = “Trend is Your Friend” Short-Term BUT……


Historically wars like the 2026 Iran war are bullish hard assets like grains, metals and energy! The funds are spooked and do not want to be short, but do they price in the news over time, similar to the Ukraine/Russian war that started on Feb. 24, 2022? A closure of the Strait of Hormuz is the key to the surge in crude oil, natural gas prices and fertilizer prices.  Grains are breaking out to new contract highs as a hedge against inflation.