Citing “extremely” low fruit volumes, bad weather, and difficult markets, Kelowna, British Columbia-based B.C. Tree Fruits cooperative has reportedly dissolved and closed its doors on July 26.
Citing “extremely” low fruit volumes, bad weather, and difficult markets, Kelowna, British Columbia-based B.C. Tree Fruits cooperative has reportedly dissolved and closed its doors on July 26.
The organization, which formed in the 1930s, sent a letter to its members recommending they “immediately search for another alternative to market your fruit for the balance of the 2024 season.”
The letter, obtained by Global News Canada, went on to say the board of directors could not “effectively operate the business and provide pool returns to growers,” and that it is “taking steps to obtain court direction and assistance to properly wind down the Cooperative to maximize recovery for all stakeholders.”
No one answered calls to the B.C. Tree Fruit headquarters.
The cooperative includes more than 230 members, who now must find alternative buyers with the Okanagan apple harvest looming. The CBC reported B.C. Tree Fruits has faced financial challenges and grower unrest for the past few years, voting to close a packing house in 2022.
Growers held a vote, unsuccessfully, to dissolve the board of directors, and have now asked for government intervention to support the British Columbia tree fruit industry.
Citing “extremely” low fruit volumes, bad weather, and difficult markets, Kelowna, British Columbia-based B.C. Tree Fruits cooperative has reportedly dissolved and closed its doors on July 26.
The organization, which formed in the 1930s, sent a letter to its members recommending they “immediately search for another alternative to market your fruit for the balance of the 2024 season.”
The letter, obtained by Global News Canada, went on to say the board of directors could not “effectively operate the business and provide pool returns to growers,” and that it is “taking steps to obtain court direction and assistance to properly wind down the Cooperative to maximize recovery for all stakeholders.”
No one answered calls to the B.C. Tree Fruit headquarters.
The cooperative includes more than 230 members, who now must find alternative buyers with the Okanagan apple harvest looming. The CBC reported B.C. Tree Fruits has faced financial challenges and grower unrest for the past few years, voting to close a packing house in 2022.
Growers held a vote, unsuccessfully, to dissolve the board of directors, and have now asked for government intervention to support the British Columbia tree fruit industry.
Pamela Riemenschneider is the Retail Editor for Blue Book Services.
