Mission Produce has completed an IPO of its shares, in part to help the agricultural supplier build a new distribution center in Mexico. The implementation of the USMCA trade deal from July should provide clarity for trade relations with the U.S. though the recent launch of a trade investigation into blueberry imports from Mexico raises some uncertainty. Mission meanwhile is focused predominantly on avocados. Mexican exports linked to the firm have fallen by 10.6% year over year in July and August combined. By contrast total Mexican avocado exports have increased by 11.9% including a 12....
Supply Chain Research
Copyright © 2024 Panjiva Supply Chain Intelligence, a product offering from S&P Global Market Intelligence Inc. All rights reserved.