SUBSCRIBERS
No flood of orders for US food yet from Cuba
Published Mon, Jun 22, 2015 · 09:50 PM
Washington
BEFORE the US embargo, Cuba bought more American rice than any other country in the world. Now, most Cuban rice comes from Vietnam. Last year, Cuba imported US$200 million worth of wheat - virtually all of it from Europe and Canada and none from the United States, the largest global exporter.
Many US agricultural producers thought those facts would begin to change this year, as US relations with Cuba improved.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Seatrium unit to fully redeem S$500 million worth of floating-rate bonds early
Anglo rejects BHP takeover bid as significantly undervalued
India rice prices at three-month low on shrinking demand
Gold prices set for weekly decline ahead of US inflation data
Pricey coffee is here to stay as hoarding, heat hit Vietnam supply
Oil settles higher as weak US economic growth offset by supply concerns