• MANAGING CREDIT RISK IN A PACA INDUSTRY
    • 314

    MANAGING CREDIT RISK IN A PACA INDUSTRY

    Managing credit risk in the produce industry is vitally important. The value of shipments can be very large, so even one bad debt could be a catastrophe for some growers. Protecting against this risk is one reason many growers obtain a PACA license. The Perishable Agricultural Commodities Act (PACA) passed in 1930 offers a number

  • HOW TO CREATE A PACA TRUST NOTICE
    • 295

    HOW TO CREATE A PACA TRUST NOTICE

    Growers, distributors, shippers and others, who deal in fresh and frozen fruits and vegetables, located in the United States can help to protect themselves from unfair and fraudulent practices, including nonpayment of invoices, by obtaining a license from the United States Department of Agriculture (USDA) to ship produce under the auspices of the trust established

  • WHAT SHOULD BE INCLUDED IN YOUR PACA INVOICE
    • 244

    WHAT SHOULD BE INCLUDED IN YOUR PACA INVOICE

    The Perishable Agricultural Commodities Act (PACA) was enacted by Congress in 1930 to protect growers, distributors and others who deal in fresh and frozen fruits and vegetables, from unfair and fraudulent practices including nonpayment of invoices. In order to participate in the protection offered under PACA, a grower must have a valid PACA license from

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