By Zoila Palma: Banana growers across Latin America are calling for higher prices as extreme weather linked to El Niño continues to affect production and export volumes.
High winds in Colombia, heavy rainfall in Peru and Ecuador, and anticipated drought conditions in the Dominican Republic are raising concerns about the region’s banana supply.
Research by Fairtrade found that during the previous El Niño cycle, banana productivity declined by 13 percent in the Dominican Republic, 22 percent in Ecuador, and 6 percent in Peru.
The latest weather-related challenges are adding pressure on growers already facing rising production costs, Fresh Plaza reports.
In Colombia’s Caribbean region, banana exports dropped by 32 percent to US$122 million between July and September. September shipments alone fell by 42 percent year-on-year, with export earnings declining from US$70 million to US$40 million.
Fairtrade is calling for stronger United Kingdom legislation to address purchasing practices, including low or delayed payments and contracts that shift risks onto growers.
The post International News: Latin American Banana growers seek higher prices as extreme weather hits production appeared first on Belize News and Opinion on www.breakingbelizenews.com.
By Zoila Palma: Banana growers across Latin America are calling for higher prices as extreme weather linked to El Niño continues to affect production and export volumes. High winds in Colombia, heavy rainfall in Peru and Ecuador, and anticipated drought conditions in the Dominican Republic are raising concerns about the region’s banana supply. Research by
The post International News: Latin American Banana growers seek higher prices as extreme weather hits production appeared first on Belize News and Opinion on www.breakingbelizenews.com.
