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Prices at the Pumps - April 17, 2024 #saltwire #energymarkets #pricesatthepumps #gasprices - Texas farm groups warn of a disastrous season ahead for citrus and sugar as Mexican and U.S. officials try to resolve a dispute over a decades-old water treaty that supplies U.S. farmers with critical irrigation.
The last sugar mill in Texas has shut down due to the lack of water, at a time of low U.S. supplies and high prices for the sweetener. Mexico's national water authority, Conagua, says severe drought has gotten worse and the country is facing the worst drought conditions since 2011.De La Cruz and three other members of Texas' Congressional delegation met with Secretary of State Antony Blinken on April 11 to ask the State Department to do more to enforce the treaty.
U.S. IBWC spokesperson Frank Fisher said commission officials from both countries have met several times since 2023 to renegotiate aspects of the treaty in hopes of increasing reliability.CROSS-BORDER DROUGHT For Texas sugarcane farmers, the outlook this season is"complete and absolute despair," said Sean Brashear, president and CEO of Rio Grande Valley Sugar Growers.
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