SOURCE: KINH TẾ, PLO TRANSLATION: Produce Report A number of banana stalls have recently sprouted up on the streets of Ho Chi Minh City, with vendors selling bananas originally intended for export at a low price of 6,000 Vietnamese dong ($0.24) per kilogram. The bananas are said to originate fromContinue Reading
SOURCE: Khaosod Thailand has recently signed the deal to export 5,000 tons of bananas to Japan after a labour shortage during the previous government hampered the order. Chantapun Bunjamanon, director of the International Trade Promotion Department in Tokyo, said the office had previously worked with the Nakhon Ratchasima provincial tradeContinue Reading
SOURCE: Merco Press Banana producers in Paraguay and Bolivia have agreed to resume shipments to Argentina after the outgoing administration of President Alberto Fernández authorized the use of foreign currency to pay for those imports. The decision came after Argentine officials met with producers and exporters from the two countries,Continue Reading
SOURCE: RBC In October of the year, banana prices in Russia surged to 1.43 euros per kilogram for the first time, as reported by Rosstat. Experts attribute the increase to the weakening ruble and supplier procurement costs. The ruble’s decline against global currencies in the summer of 2023 impacted theContinue Reading
SOURCE: Agatha Ngotho, The Star Farmers in Taita Taveta county have been trained on better agronomy in banana farming. The move seeks to help farmers increase crop yield, boost food security and improve their income. Scientists from Centre for Agriculture and Bioscience International (CABI) in Kenya trained the smallholder farmersContinue Reading
SOURCE: Juan Carlos Rivera, Laprensa Bananas, one of the agricultural products most affected by storms Eta and Iota in November 2020, generated $419.4 million between January and July 2023, showing with this figure a clear recovery of plantations and growth compared to the resounding decline recorded in 2021. After theContinue Reading
SOURCE: Catherine Talavera, Philstar Department of Trade and Industry (DTI) said the tariffs on the country’s banana and processed pineapple exports to South Korea would gradually be eliminated after the signing of a free trade agreement (FTA). Trade Undersecretary and Board of Investments (BOI) managing head Ceferino Rodolfo said theContinue Reading
SOURCE: Sudhir Kumar, Hindustan Times The Agricultural & Processed Food Products Export Development Authority (APEDA) has facilitated the first-ever consignment of banana plant products from Varanasi to the UAE by air, boosting agricultural exports. APEDA plans to integrate more farmer producer organizations into the export supply chain. The Purvanchal regionContinue Reading
SOURCE: Maura Maxwell, Fruitnet The Aldi South Group together with Aldi Nord and other sectoral stakeholders, including Heartwood LLC, Banana Link, Dole, Grupo Iren and Banafem, have announced the successful completion of a pilot project to understand worker-led living wage verification in major banana production countries in Latin America. TheContinue Reading
SOURCE: Dy Tung, VNExpress Vietnamese fresh and dried banana exports to Japan and South Korea hit $6.6 million and $4.1 million respectively last year, accounting for 0.6% and 1.3% of the countries’ market shares. Vietnam can increase exports if local firms improve banana quality and packaging, and conduct more marketingContinue Reading
SOURCE: Sheldeen Joy Talavera, Business World Production of Cavendish bananas, the main export variety, remains threatened by Fusarium wilt or Panama disease, likely dampening exports, according to the Pilipino Banana Growers and Exporters Association (PBGEA). “For the first three months, our production was even worse than last year. We’re kindContinue Reading
SOURCE: Twila Wheelan, Jamaica Information Service The Government remains committed to strengthening the institutional capacity for increased banana and plantain production. This undertaking was reiterated by Minister of Agriculture and Fisheries, Hon. Pearnel Charles Jr., who said the industry continues to present a great opportunity for local farmers. Last year,Continue Reading