Tag: bananas

The Ecuadorian Federation of Exporters (Fedexpor) released data showing a decrease in banana exports the first quarter of this year while citing a slow economic recovery in destination countries and the impact of confinement measures in some countries as the two main factors.

For Longo’s, a full commitment to Fairtrade bananas comes as the latest in a long line of sustainability initiatives centred around environmental stewardship, responsible sourcing, and healthy communities, including waste diversion, use of renewable energy, and community donations.

INEC released a preliminary report showing that bananas and pineapples together represented 16.2 percent of the total value exported by Cost Rica during 2020, according to Nacion, a Costa Rican reporting agency.

Costa Rica increased banana volume exports by 7 percent in 2020 generating a total of $1.12 billion despite the pandemic, according to the National Banana Corporation of Costa Rica (Corbana).

Fresh Del Monte Produce Inc., through its subsidiary Del Monte International GmbH, has partnered with Queensland University of Technology, located in Brisbane, Australia, to lead innovation toward the development of disease-resistant bananas.

Despite the pandemic, Ecuador managed to set a new banana export record reaching 380 million boxes in 2020.

Panama’s banana growth last year couldn’t be slowed by a virus.

An analysis of the banana market in 2020 show several volume spikes in the spring as retail adjusted to changing consumer demand early in the pandemic, but both wholesale and retail prices were fairly steady all year long.

Some of the properties up for sale include land purchased for potential agricultural projects, said Mohammad Abu-Ghazaleh - Chairman and CEO, during the company’s third quarter earnings report held Oct. 28.