Latin America: Friend or Foe to American Agribusiness?
July 2007 | John Price
Presented at the annual AGTC meeting in San Francisco, June 8th, 2007
American agriculture exports have stopped growing, in spite of record global demand spurred by growing affluence in developing countries. America’s declining presence in global food markets is owed to diminishing competitiveness of American exports, the result of higher handling and transportation costs facing American farmers whose products historically entered every market around the globe. The US domestic transportation system is increasingly configured to handle in-bound containerized value added imports, to the neglect of the agriculture sector that not so long ago was the largest customer of US rail and maritime shipping services.