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Article: Exports to Cuba a booming business for U.S. farmers, ranchers.
- Article from:
- The Dallas Morning News (Dallas, TX)
- Article date:
- February 17, 2003
CopyrightCOPYRIGHT 2003 The Dallas Morning News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Brendan M. Case
CANCUN, Mexico _ Long a forbidden fruit, U.S. farm exports to Cuba are ballooning into a growth industry for rural America, U.S. executives and Cuban officials said Monday.
U.S. companies signed contracts worth more than $250 million with Cuba since the U.S. Congress began allowing food and agricultural exports in late 2001. Of that total, goods worth $210 million have been delivered and paid for.
And total shipments to the communist-controlled Caribbean island could reach $1 billion within several years despite ongoing restrictions from the 40-year-old U.S. trade embargo.
"The trade door was opened a crack, and ...