Bananas market inspection instructions

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20140812 - bananas is such a big (and difficult) business

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Why selling bananas is such a big (and difficult) business With Florida-based juice maker Cutrale Group trying to break up the merger between Fyffes and Chiquita, why is everyone suddenly so hungry for bananas? Photo: AFP By  Ben Wright 1:20PM BST 12 Aug 2014 The merger between banana heavyweights Fyffes and Chiquita Brands hit the skids (sorry) early this week after Florida-based juice maker Cutrale Group and Brazilian investment firm Safra made a rival bid for Chiquita. So why is everyone suddenly so hungry for bananas?  Selling the bendy fruit is big business. The banana market is worth $7bn a year, according to Barron’s, with over 100 billion bananas eaten around the world. This makes bananas the fourth most important agricultural product behind such staples as wheat, rice and corn. If Chiquita and Fyffes were to merge, the combined company would control 14pc of the market. Banana brands have often been ahead of the curve with t...
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20171226 - Global Banana Crisis

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Global Banana Crisis Author:  Tyler Beck Published:   12/26/2017 12:31:29 PM Image Source With over  $25 billion  in global sales, the banana is the world’s most popular fruit. However, the spread of a fungal disease, commonly known as Panama Disease, is threatening the existence of the banana as we know it. The soil-borne fungus has already damaged approximately  one-third of Asia and Australia’s banana plantations and has spread west to the Middle East and Africa. If the disease makes its way to Latin America and the Caribbean, which account for  85% of world banana exports , it could be game over for the banana as we know it. While there are over 1,500 varieties of banana, virtually all banana production and sale is of the Cavendish banana. The hundreds of other varieties of bananas are not commercially viable due to their size, shape, color, and taste. Many of the other banana varieties are much smaller, contain seeds, have a differ...
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