Most of the squeeze is coming from consumers who’re turning to other options, including smoothies and coconut water—which helps explain why PepsiCo, the parent company of Tropicana juice company, has reportedly been in talks to acquire All Market, the owner of fast-growing coconut-water company Vita Coco.
Just before Christmas, President Trump signed the Tax Cuts and Jobs Act into law. This is the first major tax overhaul since 1986 when President Ronald Reagan was in office. Many agriculture groups, say the new law is a “net benefit” for farmers. Read moreRead More »