Small Business Resources, Business Advice and Forms from AllBusiness.com

U.S. Farmers relish trade fair.

Farmers brought California vegetables, North Carolina turkeys and Arkansas rice to Cuba's annual trade fair, showing that Americans are still hungry for the communist country's market despite U.S. rules that make trade difficult, reports AP (Oct. 31, 2005):

"We have a larger American

participation this year despite the restrictions," Alvarez said as he toured the Expo Cuba fairgrounds on Havana's outskirts. "But the (Bush) administration has created serious obstacles for small and medium-sized companies". For the past four years, Cuba has contracted to buy more than US$1.4 billion in American farm goods, including shipping and hefty bank fees to send payments through third nations, Alvarez said;

Nevertheless, he said sales have remained relatively stagnant since last year because of recent U.S. regulations that require Cuba to pay for the goods in full before they leave American ports. Cuba paid US$474 million to buy American farm goods last year, including transportation and banking costs, vs. US$409 million for the first 10 months of 2005, Alvarez said;

Marvin Leherer of the USA Rice Federation, which markets and promotes U.S. rice domestically and abroad, said American rice sales to Cuba this year have been down a bit, "mostly because of the problems with the terms of payment" created by U.S. rules. "It's definitely made things harder," Leherer said as he set up the Rice Federation's booth at the fair. But rice farmers are determined to keep selling to Cuba because it is a key future market, Leherer added. "This is a huge market for rice. We have to be here," he said. "Cuba imports as much or more than Mexico with just one-tenth of the people";

Other American companies with booths at the fair included agribusiness giants Cargill Inc. and Archer Daniels Midland, as well as poultry producer Gold Kist Holdings Inc. and Del Monte Foods Co., a producer of canned and packaged fruits, vegetables and tuna fish. Nebraska Gov. Dave Heineman was due in Havana to attend the fair and shore up contracts totaling US$30 million that he set up on a trip in August. Of that, only US$2.5 million in great northern bean sales has been completed. The beans are to be shipped to Cuba in November. Cuba is also expected to finalize purchase of 300 cows from the northeastern U.S., primarily Vermont. Other countries represented at the fair include Canada, France, Spain, Venezuela, Brazil, China and Vietnam. Details: http://www.cepec.cu/ingles/fihav3.htm. And: www.cpalco.com

In addition, make sure to read these articles:

  • Former Secretary of Ag Appointed to TheAgZone.comBoard of Directors.
  • Business Editors FRESNO, Calif.--(BUSINESS WIRE)--June 6, 2000 TheAgZone.com, the first one-stop, low-cost, e-commerce portal for agriculture, proudly announced the appointment of John R. Block, former ......
  • USCORP, Junior Gold and Silver Exploration and Development Company, Appoints New Board...
  • Business Editors LAS VEGAS--(BUSINESS WIRE)--July 28, 2003 USCORP (OTCBB:USCS) today announced the addition of Ms. Judith Ahrens to its Board of Directors. USCorp is a ......
  • Stanford Business School Research Analyzes Summer Gas Price Hikes.
  • Business Editors STANFORD, Calif.--(BUSINESS WIRE)--Aug. 12, 2002 Ah, sweet summer time: Long, balmy evenings, kids playing in the pool, and spikes in the price of ......
  • Fitch Rates Del Monte Foods Co.
  • Business Editors CHICAGO--(BUSINESS WIRE)--Sept. 6, 2000 Fitch has assigned ratings to Del Monte Foods Co. (Del Monte) as follows: bank debt 'BB-', senior subordinated notes ......
  • Zacks Buy List Highlights: Intuitive Surgical, Intevac, Inc., Salesforce.com, and Del...
  • CHICAGO -- Zacks.com releases another list of stocks that are currently members of the coveted Zacks #1 Rank (Strong Buy) List. The #1 Rank ......
  • Del Monte Foods Co.
  • Del Monte Foods Co. will invest $25 million to modernize its soup production capabilities at its Mendota, Ill., plant. By this fall, the facility will ......
  • Archer Daniels Midland. (Marketing News).
  • Archer Daniels Midland, Decatur, Ill., announces the formation of the new Specialty Oils and Fats Group. The products will be manufactured at ADM Noblee in ......
  • Archer Daniels Midland.
  • Recent appointments at Archer Daniels Midland (ADM) include STEVE FREED as vice president of research; RONALD GROSSMAN as vice president of sales; and SAM HELMICH ......
  • Del Monte Foods Co.
  • On the supplier side: Del Monte Foods Co., San Francisco, announces that sales for the third quarter of 2005, ending Jan. 30, 2005, increased 6.2 ......
  • Del Monte Foods Co.
  • Del Monte Foods Co. will acquire the rights to UniMark Group Inc.'s Sunfresh brand and distribution center. UniMark is a marketer, specialty processor and distributor ......
  • Archer Daniels Midland.
  • Archer Daniels Midland, Decatur, Ill., and its Food Oils Group recently received the Frito-Lay North America 2002 Supplier of the Year award. Award recipients are ......
  • Del Monte Foods Co.
  • The Daily Deal reports that Del Monte Foods Co., San Francisco, is selling its private label soups and its Nature's Goodness line of baby foods....
  • Archer Daniels Midland.
  • Archer Daniels Midland (ADM) will close its Taylorville, Ill., soybean crushing plant for an indefinite period as a result of continuing weak demand for oilseed ......
  • Archer Daniels Midland (ADM) Co.
  • Decatur, Ill. -- based Archer Daniels Midland (ADM) Co. will discontinue operations indefinitely at its processing plant in Savannah, Ga. effective April 1, 2002. The ......
  • Archer Daniels Midland. (Marketing People).
  • Archer Daniels Midland, Decatur, Ill., announces several changes in senior management. David Smith is elected as executive vice president, secretary and general counsel. Brian Peterson ......

The Systems and Philosophy of a Green Construction Company
Interview with general contractor Robin Wilson and project manager Todd Durham of Meridian Builders and Developers.