Chilean vintners return to growth Chilean wine exports are expected to rise 8% in 2010, René Merino, president of Wines of Chile, a trade promotion group, told El Mercurio de Santiago. Good news for an industry that took a big hit from February’s earthquake. Concha y...
The slick spreads, fishing is banned, legal claims multiply The U.S. Department of Commerce National Oceanic and Atmospheric Administration (NOAA) yesterday extended the boundaries of the area closed to fishing in the Gulf of Mexico to include 45,728 square miles, or...
U.S. imports will include more fresh veggies and, especially, fruit The U.S. Department of Agriculture current Long-Term Projection foresees U.S. agricultural import values rising to US$106 billion in fiscal year 2019, compared with US$79.3 billion in 2008. Strong...
Organic foods claim a bigger share of grocery carts The U.S. Department of Agriculture (USDA) launched a weekly market report on organic fruits and vegetables in April, acknowledgement that natural and organic foods now claim a big share of the mainstream U.S....
WTO forecasts 9.5% growth in trade volumes The World Trade Organization (WTO) projects a rebound in world trade in 2010, recovering some, but by no means all, ground lost in 2009, when global trade volumes contracted 12.2% — the largest decline since World War II. If...
Latest stats from The Datamyne show 15.9% jump in February The Datamyne’s latest statistics from its U.S. imports bill of lading database show imports recovering this February as compared with February 2009, but still short of prerecession levels. Here are the TEU...
The surge in imports may be a triumph of hope over reality. By Bill Armbruster Have U.S. importers been too optimistic about growth prospects in the U.S. this year? I think so — and I think that helps explain why there such was a mad scramble for container space out...
… in other news, trade in wine, fish, fruit is disrupted The Chilean earthquake may have shifted the Earth’s axis by 3 inches and shortened the length of an earth day by about 1.26 microsecond NASA calculates. It has most certainly caused hundreds of casualties and...
U.S. consumers are pessimistic; confidence is back in Asia, Brazil The Conference Board Consumer Confidence Index (released Feb. 23, based on a survey of 5,000 U.S. households through Feb. 17) now stands at 46.0 (1985=100), down from a relatively optimistic 56.5 in...
