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Trade group: U.S. ag exports to Cuba plummeted in August despite low prices

October 17, 2018 at 1:13 PM
U.S. agriculture and food exports to Cuba are declining despite lower U.S. commodity prices, according to data released on Tuesday by the U.S.-Cuba Trade and Economic Council . Year-to-date exports are down 8.8 percent after a precipitous decline in August, according to the data. Through July, year-to-date exports were up 2.8 percent. August exports were down 46.4 percent compared to 2017 numbers. The business group called it “counterintuitive” that Cuba isn’t buying more from the U.S. in 2018 considering U.S...

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