Food Industry News:
The growth of the global middle class is expected to increase to 1.2 billion by 2030, triple the 2005 level. U.S. exporters believe this growth in wealth over the next 12 years will provide continued strong demand for high-valued agricultural products from the United States such as meat, fruits, nuts, and vegetables.
U.S. exports grew 21 percent in the first 4 months of the year.
In 2007—and so far in 2008—agricultural exports have reached record levels. The weak U.S. dollar and growing Asian economies have increased demand for high-valued U.S. agricultural products that are moved in containers.
Did you know railroads are charging the same amount to move empty containers as full containers?