Farmers Dodge Bullet as Trump Cuban Policy Shift Limited in Scope — Panjiva
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Farmers Dodge Bullet as Trump Cuban Policy Shift Limited in Scope

Ags - Grains/Beans 300 Ags - Meat/Dairy 252 Consumer Staples 764 Cuba 8 Politics 153 Trade Deals 1000 U.S. 5325

The revised policy towards Cuba by the Trump administration is limited to cutting links with the military-controlled commercial group GAESA. Indeed, existing commercial relationships with it should still be permitted according to Treasury Department guidance. For ranchers and farmers there is even less impact – Alimport is the single buyer of agricultural produce and is not part of GAESA. U.S. exports to Cuba have grown 66% in the past 12 months, with a 75% jump in meat shipments and a 4.7x rise in cereals. Further purchases may be more a function of affordability than regulations.

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