Obama Moves to Normalize Relations with Cuba
This week, President Obama made some major news in trying to normalize diplomatic and commercial relations with Cuba as part of a recent negotiation over the release of a U.S. prisoner held in Cuba. The efforts of the Administration are expected to help expedite opportunities for agricultural exports from the U.S. to Cuba. Agricultural trade between the U.S. and Cuba has been promoted for many years by agricultural groups seeking export opportunities with Cuba. It’s expected that U.S. grown rice and other U.S. grown commodities would benefit greatly if agricultural trade was normalized between the U.S. and Cuba. Cuban trade embargoes have been in place for many decades following tensions between the U.S. and Cuba that date back to 1960.