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Stocks of key crops still more than 25% below pre-pandemic levels and unlikely to normalize for years, according to a leading industry analyst
The state's 2025 processing tomato crop reached an estimated 11.75 million short tons, up from 11.1 million short tons last year
The shift, driven by new US tariffs of 50% on Brazilian goods and tax credit restrictions taking effect in 2026, threatens to disrupt billions of dollars in annual trade
US rough rice futures hit $10.72 per hundredweight as a major importer shields domestic farmers from glut
China imported 164,886 tonnes of wine in 2024, down 70% from 548,976 tonnes in 2017, trade data shows
