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Showing posts from December 10, 2014

A short, late Peruvian crop should send mango prices up in January.

12/10/2014 09:40:00 AM
Andy Nelson

Courtesy Central American Produce

Pompano Beach, Fla.-based Central American Produce was winding down its Brazilian and Ecuadorian mango deals in December, said Sabine Henry, saleswoman.

“Brazil will be done this week, and the pick is done in Ecuador,”Henry said on December 8th.

 “We expect the market to get stronger.”

Jesse Sepulveda, salesman for Los Angeles-based Vision Produce Co., said Ecuadorian prices went up before Thanksgiving, came down after and were starting to rise again in the first half of December.

Shipments from Ecuador already were starting to decline in early December, with the final fruit expected to ship in early to mid-January, Sepulveda said.

Very small volumes of Ecuadorian kents and tommy atkins should be available into the first week of January, Henry said. Sizing will be on the big side as the deal tapers off, so she expects stronger demand for 10s and 12s.

While the Ecuadorian deal is ending on time, Brazil is finishing early and P…


Desperate workers on a Mexicanmega-farm: 'They treated us like slaves'


DEC. 10, 2014

Scorpions and bedbugs. Constant hunger. No pay for months. Finally, a bold escape leads to a government raid, exposing deplorable conditions. But justice proves elusive.

**Second of four stories**

Workers gather at the Bioparques 4 labor camp after Mexican authorities raided it in June 2013. The government announced arrests and fines, promising to make an example of the agribusiness. (Secretariat of Labor and Social Welfare, state of Jalisco, Mexico)


Ricardo Martinez and Eugenia Santiago were desperate.

At the labor camp for Bioparques de Occidente, they and other farm workers slept sprawled head to toe on concrete floors. Their rooms crawled with scorpions and bedbugs.

 Meals were skimpy, hunger a constant. Camp bosses kept people in line with threats and, when that failed, with their fists.

Escape was tempting but risky. The compound was fenced with…


ILWU defends itself against 'slowdown' charge

Terminals should be blamed for labor shortages on West Coast, union officials say.

By Eric Kulisch |Wednesday, December 10, 2014

The International Longshore and Warehouse Union is being made a scapegoat for pervasive congestion at key West Coast ports, when terminal operators and their inefficient practices should be blamed instead, two union representatives said at an industry conference Tuesday. 

 The decline in productivity that broke out six weeks ago at the ports of Seattle and Tacoma was caused by marine terminals arbitrarily sending work crews home and not a slowdown by the union to gain leverage in the talks, ILWU Legislative Director Lindsay McLaughlin, who was in the audience, said when questions about labor’s role in congestion were raised.

A SPECIAL THANKS TO AUSTRALIA : This is why Pakistani mangoes will succeed in global Markets

Australian High Commissioner H.E. Peter Heyward and Federal Minister for National Food Security & Research Sardar Sikander Hayat Bosan jointly chaired a ceremony to recognise the efforts of Australian agricultural scientists and appreciate the support of the Australian government. 

Under the Australia Pakistan Agriculture Sector Linkages Program (ASLP), Australia has been helping Sindh Mango Growers & Exporters (SMGE) in exporting their fruit to international markets using the technology of Controlled Atmosphere (CA) pioneered by Australia. 

Utilising the Australian expertise, SMGE exporters have enhanced the shelf life of Pakistani mango to 40 days. 

SMGE (Sindh Mango Growers & Exporters) is a cluster of Global Gap Certified Mango Orchards & HAACP Certified Pack Houses from Sindh, Pakistan.

~ Images courtesy of "Australia in Pakistan" Facebook page:

Situación económica en Venezuela es aterradora


by Carlos Vilchez Navamuel

• 9 diciembre, 2014 •

Lo que se aproxima para los venezolanos en los próximos meses no será nada fácil, con los precios del barril de petróleo por debajo de los $64 dólares en Texas, sin la hegemonía y el respaldo de la OPEP, Venezuela sufrirá una crisis económica sin paralelo alguno. 

¿Qué hará el gobierno ante esta debacle que se avecina? No lo sabemos ¿Venderá la factura petrolera? ¿Podrá sostener los casi 3 millones de empleados que tiene el gobierno Central? ¿Cómo pagará a los militares?

Si en los últimos meses ya han sufrido devaluaciones e inflaciones que se han ganado el ranking mundial, lo que viene es triste y aterrador, Ricardo Hausmann, economista, profesor de Economía del Desarrollo de la Universidad de Harvard y ex ministro de Planificación de Venezuela, indicó en su cuenta de Twitter que “En los últimos 30 días hemos visto la mayor devaluación en la historia del Bolívar en Venezuela, en el mercado paralelo: 65%”. 

En efecto, el valor d…

How Low Can Oil Go?

I am an analyst and anti-economic bubble activist who is currently warning about growing bubbles in Canada, Australia, Nordic countries, China, emerging markets, Web 2.0 startups, U.S. higher education, and more. I believe that the popping of these bubbles will cause the next financial crisis.

Contact Jesse Colombo

The author is a Forbes contributor. The opinions expressed are those of the writer.


11/30/2014 @ 6:55PM 

Six months ago, I wrote a detailed report warning about the bubble in crude oil and why it was likely headed for a bust. 

That was on June 9th, when light sweet crude oil was trading at $102 per barrel; in less than two weeks, the crude oil bubble reached its peak, and plunged to just $66 today – a 35 percent decline that took the world by surprise. Since then, this report has gone viral with over 175,000 views.

Though I plan to write a detailed follow-up report explaining what I foresee for crude oil and the shale energy industry after this bust, I’d like to use this…