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Tuesday, June 29, 2021

U.S industry seeks help in keeping Mexico open to fresh potatoes - Capital Press

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Potato organizations are urging the U.S. to maintain a “trust but verify” stance ensuring fresh potatoes can be imported to all of Mexico.

Mexico's Supreme Court in late April lifted a longtime ban on full importation of U.S. fresh potatoes, allowing access to 130 million new consumers. The imports were previously allowed only within about 16 miles of the U.S.-Mexico border.

“Despite these positive developments, as we approach the finish line in this longstanding dispute, there are serious concerns about the long-term prospects for successful market access for U.S. potatoes in Mexico,” National Potato Council CEO Kam Quarles wrote to U.S. Agriculture Secretary Tom Vilsack and U.S. Trade Representative Katherine Tai. Seventeen state potato groups also signed the June 28 letter.

Mexico's government is “only grudgingly allowing access for U.S. potatoes, as the Mexican potato cartel (CONPAPA) is exerting great political power to impede competition with the U.S.,” Quarles said. “This causes serious concern among U.S. potato growers that access to the Mexican market will be only temporary before Mexican officials invent a way to halt imports again.”

Quarles wrote that in April Mexico's agricultural regulatory agency, SENASICA, without notice, required additional sanitary samplings of U.S. potatoes “to be sent to a laboratory selected and paid for by CONPAPA. The clear goal of this unilateral change is to manufacture a reason to close the market to U.S. fresh potatoes at some point.”

He said the Mexican government and potato industry for years acted to undermine agreements made to fully open the market to U.S. fresh potatoes. He listed seven examples since 2003.

“Given this history and these recent developments, we urge USDA and USTR to maintain a ‘trust but verify’ stance with Mexico,” Quarles said. “Without some sort of leverage, the pattern of CONPAPA’s political influence causing the Mexican government to close the market will simply repeat itself.”

As for a solution, “to help ensure Mexico’s commitment to allowing full access for our potatoes into Mexico, one option is to offer any additional access for Mexican avocados to the U.S. as provisional,” he said. “The Mexican avocado industry would therefore be an active participant in urging their government to resist the political pressure that harmed U.S. farmers in the past.

“Absent such leverage, we believe that any market access the Mexican government may provide to the U.S. will not be durable,” Quarles said.

If Mexico delays reinstating full access for U.S. fresh potatoes or illegitimately restricts the market, “we strongly urge USDA and USTR to move forward with the dispute resolution process under the U.S.-Mexico-Canada Agreement and thereby seek to apply tariffs against Mexican exports to the U.S. such as avocados,” he said.

Idaho Potato Commission International Marketing Director Ross Johnson said the state’s farmers finished planting before the Mexican Supreme Court decision. They did not plant based on that market opening fully.

“We’re going to be just fine,” he said. “We already have a lot of demand for our product and are confident we can move our crop.”

But opening all of Mexico to U.S. fresh potato imports would increase overall demand, Johnson said. Consumers there would have access to more varieties, for example.

The Idaho commission is fostering relationships with brokers, distributors and retailers there, he said.

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June 29, 2021 at 10:30PM
https://www.capitalpress.com/state/idaho/u-s-industry-seeks-help-in-keeping-mexico-open-to-fresh-potatoes/article_00ce0808-d865-11eb-9243-d7d7c7ba2f08.html

U.S industry seeks help in keeping Mexico open to fresh potatoes - Capital Press

https://news.google.com/search?q=fresh&hl=en-US&gl=US&ceid=US:en

United Fresh Produce Association Hosts “Back to School with Fruits and Veggies” Discussion Series; Andrew Marshall and Lisa McNeece Discuss - And Now U Know

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[unable to retrieve full-text content]United Fresh Produce Association Hosts “Back to School with Fruits and Veggies” Discussion Series; Andrew Marshall and Lisa McNeece Discuss  And Now U Know The Link Lonk


June 30, 2021 at 12:38AM
https://www.andnowuknow.com/headlines/united-fresh-produce-association-hosts-back-school-fruits-and-veggies-Andrew-Marshall-Lisa-McNeece/lilian-diep/74073

United Fresh Produce Association Hosts “Back to School with Fruits and Veggies” Discussion Series; Andrew Marshall and Lisa McNeece Discuss - And Now U Know

https://news.google.com/search?q=fresh&hl=en-US&gl=US&ceid=US:en

PHS Harvest program aims to provide fresh produce to area food pantries - The Reporter

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PHILADELPHIA -- People across Montgomery County are gardening for the greater good, providing fresh produce to those in need through PHS Harvest.

“We’re trying to get as many people mobilized and excited for growing and sharing food in their neighborhoods across the Philadelphia region and even beyond,” said Julianne Schrader Ortega, vice president and chief of healthy neighborhoods at the Pennsylvania Horticultural Society.

The PHS Harvest program was initially launched last year, and 44,000 pounds of produce were donated to food pantries across the greater Philadelphia region, according to the organization's website. 

This year, 2,000 people signed up to take part in the PHS Harvest Program, with 165 gardeners living in Montgomery County, according to Schrader Ortega. That figure also included a number of other organizations including the Haverford YMCA and the Ardmore United Methodist Church.

There have been 3,174 pounds of produce donated so far for the 2021 growing season as of June 29, according to a spokesperson.

The initiative offers a variety of resources for growing fruits and vegetables, which will be donated to participating organizations. The amount of food is then logged on the horticultural society’s website.

The Philadelphia agency works with several local organizations such as the Mattie Dixon Community Cupboard in Ambler and the Ardmore Food Pantry at St. Mary's Episcopal Church in Ardmore. Schrader Ortega said that PHS has partnered with Montgomery County to set up a “teaching farm” at the Norristown Farm Park in East Norriton.

“Right now what we’re focusing on this year is high volume production,” said Dan Scott, associate director of PHS Meadowbrook Farm. “The goal is to send over as much food as absolutely possible.”

Scott said the Montgomery County-based Farm transformed a “cut flower garden” into a “production garden space” to cultivate fresh food items such as radishes, lettuce, spinach, kale, carrots, potatoes, beets, tomatoes, beans, and peppers.

Scott said crops would then be donated to the Jenkintown Food Cupboard at Jenkintown United Methodist Church in Jenkintown.

“I think it’s not only important to provide food for the community, but to provide fresh, healthy produce,” he said.

Graham Robb, a gardener at the Morris Arboretum, agreed.

“Like many gardeners, I hate to see how much I work on can go to waste,” Robb said.

Robb, of East Mount Airy, has been gardening for the last 30 years. While planting in a plot at the Morris Arboretum, he connected with a handful of other gardeners to collect food for a homeless shelter in Germantown.

During the COVID-19 pandemic, he came across the PHS Harvest program and sent out an email to other gardeners to see if more people might be interested in donating crops.

After receiving a positive response from about 30 fellow gardening enthusiasts last year, he was able to find another food pantry through online PHS Harvest resources. Participating gardeners have grown lettuce, kale, tomatoes, cucumbers, peppers, as well as different kinds of herbs.

Since then, they’ve been collecting produce and dropping off items to the Great Commission Church and the Whosoever Gospel Mission, both located in Philadelphia. 

“It feels great because you put all this effort into growing and you think hopefully succeed in growing a decent crop and now you know that none of it’s going to waste and it’s being used more importantly by people who really need it,” Robb said.

With two refrigerators in his East Mount Airy home, Robb often serves as a coordinator for food drop offs. He noted that participating gardeners strive to ensure food doesn’t go to waste.

He recalled a gardener who was not going to be in town to drop off her items at the Morris Arboretum community garden drove half-an-hour to his East Mount Airy home “to make sure that the lettuce she’s growing is getting to somebody who needs it.”

“I think that’s a great example of people’s desire to see what they grow get put to good use,” Robb said.

Schrader Ortega added that the COVID-19 pandemic shed light on area food insecurity issues and worked to find solutions. 

“Well, I think unfortunately in the Philadelphia region, we have challenges of food security, and food access that was before the pandemic, but COVID really has exacerbated that need, especially for our more financially vulnerable neighbors who are experiencing more pandemic related job loss and income loss so it’s just gotten way worse,” she said.

“This is a problem that predates the pandemic especially because of historically racist policies and practices like redlining, business and governments haven’t really invested in Black and brown communities in the same way with infrastructure, like supermarkets for instance,” Schrader Ortega went on to say.

“So your access to food really does depend on where you live in Montgomery County and in the greater Philadelphia region,” she continued. “So we’re trying to really support these networks of self-reliance for people to be able to grow food for their family and enough to share for their neighbors, too.”

PHS Harvest has a number of online tools available for gardeners of all skill levels. Those interested can find more information on growing and donating food items. To learn more, go to phsonline.org/for-gardeners/harvest/overview.

“Whether you’re a community gardener at Morris, or if you just want to garden, and all you have is your front steps, we’ve created all sorts of different growing guides and resources to get everybody growing and sharing,” Schrader Ortega said.

The Link Lonk


June 30, 2021 at 12:15AM
https://www.thereporteronline.com/local-news/phs-harvest-program-aims-to-provide-fresh-produce-to-area-food-pantries/article_8beb4e30-d8fd-11eb-85cc-678e3010b3a9.html

PHS Harvest program aims to provide fresh produce to area food pantries - The Reporter

https://news.google.com/search?q=fresh&hl=en-US&gl=US&ceid=US:en

Tech stocks propel S&P 500, Nasdaq to fresh highs - Reuters

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A street sign for Wall Street is seen outside of the New York Stock Exchange (NYSE) in New York City, New York, U.S., June 28, 2021. REUTERS/Andrew Kelly

  • Morgan Stanley jumps on surprise dividend hike
  • Textron gains as brokerage upgrades to 'overweight'
  • Indexes up: Dow 0.14%, S&P 0.11%, Nasdaq 0.18%

June 29 (Reuters) - The S&P 500 hit a record high for the fourth straight session on Tuesday, helped by shares of heavyweight technology firms and Morgan Stanley, while an upbeat consumer confidence report set a positive tone for key jobs data at the end of the week.

U.S. consumer confidence increased in June to its highest level since the COVID-19 pandemic started more than a year ago, bolstering expectations for strong economic growth in the second quarter. read more

Market participants are closely watching the nonfarm payroll report on Friday, that could pave way for the U.S. Federal Reserve's policy stance which hinges on an equitable recovery of the labor market.

"The economy is booming, the stock market is climbing so it makes perfect sense to me that consumer confidence numbers are through the roof," said Mike Zigmont, head of trading and research at Harvest Volatility Management in New York.

"If there's a strong nonfarm payrolls number this month and we start making progress on the unemployment rate, that changes the whole Fed narrative."

Five of the 11 major S&P sectors rose, with technology (.SPLRCT) and consumer discretionary (.SPLRCD) among the top gainers.

Morgan Stanley (MS.N) jumped 3.7% after it doubled its dividend to 70 cents per share in the third quarter. JPMorgan Chase & Co (JPM.N), Bank of America Corp (BAC.N) and Goldman Sachs Group (GS.N) also raised their payouts. read more

All the three major Wall Street indexes are set for their fifth straight quarter of gains, boosted by ultra-loose monetary policy, a rebounding U.S. economy and robust corporate earnings.

With the S&P 500 climbing nearly 14% in the first half of the year, focus will shift to the second-quarter earnings season, beginning in July, which could decide the path for the next leg of the equity markets.

At 13:10 p.m. ET, the Dow Jones Industrial Average (.DJI) was up 47.41 points, or 0.14%, at 34,330.68, the S&P 500 (.SPX) was up 4.65 points, or 0.11%, at 4,295.26. The Nasdaq Composite (.IXIC) was up 26.57 points, or 0.18%, at 14,527.08, hitting an all-time high for the sixth consecutive session.

Moderna Inc (MRNA.O) jumped 6.0% to a record high after the drugmaker's COVID-19 vaccine showed promise against the Delta variant first identified in India in a lab study, with a modest decrease in response compared to the original strain. read more

Textron (TXT.N) rose 1.1% after Morgan Stanley upgraded the business jet maker's stock to "overweight" from "equal weight on hopes of a stronger recovery.

Declining issues outnumbered advancers for a 1.01-to-1 ratio on the NYSE and for a 1.30-to-1 ratio on the Nasdaq.

The S&P index recorded 35 new 52-week highs and no new low, while the Nasdaq recorded 81 new highs and 30 new lows.

Reporting by Devik Jain and Medha Singh in Bengaluru; Editing by Maju Samuel

Our Standards: The Thomson Reuters Trust Principles.

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June 30, 2021 at 01:41AM
https://www.reuters.com/business/dow-futures-inch-up-banks-gain-ahead-consumer-confidence-data-2021-06-29/

Tech stocks propel S&P 500, Nasdaq to fresh highs - Reuters

https://news.google.com/search?q=fresh&hl=en-US&gl=US&ceid=US:en

Fresh Brexit Fish Spat Averted as Jersey Extends French Amnesty - Bloomberg

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[unable to retrieve full-text content]Fresh Brexit Fish Spat Averted as Jersey Extends French Amnesty  Bloomberg The Link Lonk


June 29, 2021 at 12:29AM
https://www.bloomberg.com/news/articles/2021-06-28/fresh-brexit-fish-spat-averted-as-jersey-extends-french-amnesty

Fresh Brexit Fish Spat Averted as Jersey Extends French Amnesty - Bloomberg

https://news.google.com/search?q=fresh&hl=en-US&gl=US&ceid=US:en

S&P, Nasdaq rally to fresh all-time highs - Fox Business

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The S&P 500 and the Nasdaq Composite rallied to record highs Monday while the Dow fell further from its own all-time peak as growth stocks outperformed. 

The Nasdaq climbed 0.98% while the S&P advanced 0.23%. The Dow, meanwhile, declined 151 points, or 0.44%.

Ticker Security Last Change Change %
I:DJI DOW JONES AVERAGES 34283.27 -150.57 -0.44%
SP500 S&P 500 4290.61 +9.91 +0.23%
I:COMP NASDAQ COMPOSITE INDEX 14500.508147 +140.12 +0.98%

The mixed session came after President Biden said Sunday he would sign the $953 billion infrastructure deal reached by a bipartisan group of senators if it were to reach his desk without the separate Democrat-backed reconciliation bill that would provide funding for human infrastructure.

In stocks, big-cap technology shares led the advance with Apple Inc., Amazon Inc. and Nvidia Corp. among the top performers. 

Ticker Security Last Change Change %
AAPL APPLE, INC. 134.78 +1.67 +1.25%
AMZN AMAZON.COM, INC. 3,443.89 +42.43 +1.25%
NVDA NVIDIA CORP. 799.40 +38.16 +5.01%

Dow Component Boeing Co.’s 777X aircraft is unlikely to receive Federal Aviation Administration certification before mid-2023 at the earliest, the agency said Sunday. 

Ticker Security Last Change Change %
BA THE BOEING CO. 239.96 -8.42 -3.39%
TSLA TESLA, INC. 688.72 +16.85 +2.51%

Meanwhile, Tesla Inc. will "recall" 300,000 China-made and imported Model 3 and Model Y vehicles to update its assisted driving software. Car owners will not be required to bring their vehicles into the dealership as the upgrades can be done online.

Carnival Corp. shares were pressured after the cruise ship operator unveiled plans to sell up to $500 million in new common stock. Elsewhere in the space, Royal Caribbean Cruises Ltd. said two passengers on its Adventure of the Seas ship tested positive for COVID-19. Rival Norwegian Cruise Line Holdings Ltd. fell in sympathy. 

Ticker Security Last Change Change %
CCL CARNIVAL CORP. 26.15 -1.98 -7.04%
RCL ROYAL CARIBBEAN GROUP 83.45 -5.77 -6.47%
NCLH NORWEGIAN CRUISE LINE HOLDINGS LTD. 29.14 -1.89 -6.09%

CRYPTOS REBOUND DESPITE BINANCE SNUB

Virgin Galactic Holdings Inc. continued higher after gaining 39% on Friday after the company received regulatory approval to fly passengers into space. 

Ticker Security Last Change Change %
SPCE VIRGIN GALACTIC HOLDINGS INC. 54.84 -1.07 -1.91%

Crypto-related names, including Coinbase Global Inc. and MicroStrategy Inc., were bouncing back as bitcoin rallied above $34,000 a coin. 

Ticker Security Last Change Change %
COIN COINBASE GLOBAL, INC. 246.69 +22.15 +9.86%
BITQ EXCHANGE TRADED CONCEPTS TRUST BITWISE CRYPTO INNOVATORS E 23.16 +1.16 +5.25%

In commodities, West Texas Intermediate crude oil slipped $1.14 to $72.91 a barrel and gold ticked up $3 to $1,779.60 an ounce.

Overseas markets were weaker. 

In Europe, France’s CAC 40 lost 0.98%, Britain's FTSE 100 fell 0.88% and Germany’s DAX 30 was down 0.34%.  

Asian markets were slightly lower across the board, with Hong Kong’s Hang Seng index losing 0.07%, Japan’s Nikkei 225 sliding 0.06% and China’s Shanghai Composite declining 0.03%. 

The Link Lonk


June 29, 2021 at 03:17AM
https://www.foxbusiness.com/markets/stocks-biden-infrastructure-boeing-tesla-oil-gold-europe-asia

S&P, Nasdaq rally to fresh all-time highs - Fox Business

https://news.google.com/search?q=fresh&hl=en-US&gl=US&ceid=US:en

Apartments a ‘fresh and modern’ replacement for Adventure Landing - Jacksonville Daily Record

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Trevato Development Group’s proposed 427-unit, market-rate apartment community will be a “fresh and modern” replacement for Adventure Landing, real estate attorney Steve Diebenow said June 28.

The bankrupt Jacksonville Beach entertainment and water park at 1944 Beach Blvd. must close by Oct. 31, according to U.S. Bankruptcy Court documents.

Diebenow, a partner with the Driver, McAfee, Hawthorne & Diebenow law firm, said after a Jacksonville Beach City Council workshop that it was Trevato’s first effort to formally inform officials and the community about the estimated $80 million development.

“The owner acknowledges that this is a very high-profile piece of property,” Diebenow told the Council.

“It will literally be the first thing you see when you come over the Intracoastal … when you’re driving to the east into Jacksonville Beach,” he said.

Apartments are planned for the Adventure Landing property in Jacksonville Beach.

Trevato manager Len Allen “appreciates the importance of the architecture and the look of the property.”

Diebenow showed plans at the workshop for four three-story buildings with 8,000 square feet of leasing, club and fitness space.

The units will average 850 square feet of heated area.

Plans call for 854 parking spaces comprising a four-level, 400-space garage and 454 surface spaces.

The 53.8-acre site includes the 22.2-acre Adventure Landing that has operated the Beach Boulevard park for 26 years.

Diebenow said Trevato hopes to file a land use and zoning amendment with the city of Jacksonville Beach in the next 30 days. 

He said rezoning and permitting could take six to nine months depending on how quickly Trevato moves through the process and how the project is received by the community.

Jacksonville Beach Director of Planning and Development Heather Ireland told the Council that the land use changes and rezoning could take about three months.

The apartments will be clustered among about 15 acres along Beach Boulevard, which preserves property behind it, keeping the project out of the Coastal High Hazard Area.

First reactions

Diebenow said a “working number” for the estimated cost of the apartments is $80 million. 

He expects the rents would be comparable to the Bluwater Apartments on Beach at 711 Beach Blvd. The Bluwater website shows that rent  for a one-bedroom, 620-square-foot apartment starts at $2,025 per month. 

At-Large Council member Fernando Meza said June 28 that the project should fit the community.

“However this goes, whether it’s the plans you propose or if the owner decides to change them, I do hope you can integrate what we’re trying to do with our vision, which is the beach life,” he said.

The site plan for the apartments.

Diebenow said that excluding beachfront condominiums, “this would be, by far, the most high-end, luxurious multifamily project east of the Intracoastal.”

He said after the workshop that the project has not been named.

Trevato Development Group, managed by Allen, paid $7.87 million for the Adventure Landing property Feb. 24 through JB Fair Park MF LLC. Diebenow said the group recently purchased the other acreage involved in the plans.

Diebenow told Jacksonville Beach Mayor Christine Hoffman at the meeting that Driver McAfee is not representing Adventure Landing and has no first-hand knowledge of the theme park’s financial ability to operate or relocate elsewhere in the area.

Hoffman asked if single-family housing was feasible under the existing zoning on the nearly 39 acres planned for preservation under Trevato’s proposal. 

Diebenow told Hoffman that an existing conservation easement and its location in the Coastal High Hazard Area would make development on that land challenging.

Real estate attorney Steve Diebenow gives his presentation at the Jacksonville Beach City Council workshop June 28.

‘Saddened’ to see Adventure Landing go

A Jacksonville Beach resident who spoke at the meeting said she was “saddened to see Adventure Landing go.” 

She told the Council during public comment June 28 that she appreciates the wetland conservation in the proposal and asked that the developer consider including a public recreation pool in the design to replace what Jacksonville Beach is losing with Adventure Landing. 

“While I feel housing is important to the community, we also need to support what makes living in this area desirable,” she said.

“So, I know we need to balance the economic needs but was also need to balance that with the community’s needs, especially for children and for families.”

Diebenow said Trevato’s team will consider the feasibly of public suggestions, but he did not commit to adding public amenities to the plans.

He said Trevato has engaged residents in the neighborhoods surrounding the site as well as leaders at the nearby Church of Our Savior. 

Diebenow said he shared Trevato’s plans and offered to schedule community meetings for public input.

There also will be a chance for Jacksonville Beach residents to speak at the property rezoning hearings. 

Diebenow told the Council he wouldn’t speak for the area residents but acknowledged  “everyone has a great deal of nostalgia for Adventure Landing.” 

The attorney added his own memories of taking his children to the park every summer for 15 years.

Diebenow said reaction has been both concern for Adventure Landing’s end and interest in what could replace it.

“I think everyone acknowledges something happening is better than nothing,” Diebenow said. 


Editor Karen Brune Mathis contributed to this report.

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June 29, 2021 at 11:00AM
https://www.jaxdailyrecord.com/article/apartments-a-fresh-and-modern-replacement-for-adventure-landing

Apartments a ‘fresh and modern’ replacement for Adventure Landing - Jacksonville Daily Record

https://news.google.com/search?q=fresh&hl=en-US&gl=US&ceid=US:en

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U.S industry seeks help in keeping Mexico open to fresh potatoes - Capital Press

fresh.indah.link Potato organizations are urging the U.S. to maintain a “trust but verify” stance ensuring fresh potatoes can be importe...

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