Cash only. http://www.cargill.com/news/news_releases/2003/031216_cuba.htm HAVANA – Cargill Americas announced today that it has reached an agreement to sell additional food and agricultural products to Cuba. The agreement calls for the delivery of the food during 2004. The sale was announced on the second anniversary of the resumption of food sales from the United States and signals continued expansion of U.S.-Cuba trading opportunities.
"This sale will further capture the attention of U.S. farmers who want to market their products to the people of Cuba," said Cargill's Vice Chairman Dave Raisbeck. "Cargill seeks to be the global leader in nourishing people. Today's food sales are another step toward that goal," he said.
"Cargill looks forward to expanding the food and agricultural products sold to Cuba. Food sales have been expanding steadily since the initial shipment of food and agricultural products in December 2001," Raisbeck said. Cargill is now sending one or two shipments per month of vegetable oils, grains, soy protein and/or meat to Cuba.
Since food sales resumed with Cuba, Cargill has sold more than 400,000 metric tons of food and agricultural products. Food sales have increased in part because the business has been conducted efficiently, according to Jim Bohlander, Cargill vice president and general manager of Cargill Americas Marketing Group. "Working with the Cuban food buying agency Alimport has been positive. We will continue to look for new opportunities to bring U.S. food products to Cuba," Bohlander said.
Food sales between the United States and Cuba were legalized in 2000 and began in December 2001 following Hurricane Michelle.
http://southflorida.bizjournals.com/southflorida/stories/2002/08/26/story3.html U.S. food sales to Cuba surpass $73 million in six months.
-- Michael Morononi Pugliese