Tomato Suspension Agreements and the Effects on Market Prices and Farm Revenue

The production capacity of the US tomato industry has decreased significantly in the past decade. The US Department of Commerce and the Mexican tomato industry negotiated and signed several Suspension Agreements that set floor prices for imported Mexican fresh tomatoes to protect the US domestic in...

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Bibliographic Details
Main Authors: Zhengfei Guan, Dong Hee Suh, Feng Wu
Format: Article
Language:English
Published: The University of Florida George A. Smathers Libraries 2018-04-01
Series:EDIS
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Online Access:https://journals.flvc.org/edis/article/view/105007
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Summary:The production capacity of the US tomato industry has decreased significantly in the past decade. The US Department of Commerce and the Mexican tomato industry negotiated and signed several Suspension Agreements that set floor prices for imported Mexican fresh tomatoes to protect the US domestic industry. This 4-page article written by Zhengfei Guan, Dong Hee Suh, and Feng Wu and published by the UF/IFAS Food and Resource Economics Department provides a review of the history of the suspension agreements and an analysis of their effects on the US tomato industry. http://edis.ifas.ufl.edu/fe1025
ISSN:2576-0009