The last time we wrote about bananas, we reported the increasing prices of locally produced bananas, first on account of drought which was followed by flooding in Queensland. Up to now, we have not included bananas in the grocery basket except once or twice to satisfy the cravings of some family members. … [Read more...]
Banana growers ‘at war’ with economics
By December 21, 2010 3 Comments
More than a year ago, Filipino and Australian banana growers were at opposite sides fighting over the importation of Philippine bananas to Australia. They are still fighting alright, this time against different foes but with the same face - market economics. Both are losing. Australian growers are losing because of a glut in the market which forces them to sell their produce at very low price. The current retail price of around $1.49 a … [Read more...]
Philippine banana imports and economics
By April 21, 2009 5 Comments
Last month, the Australian government decided that the country can now import Cavendish bananas from the Philippines. The decision made through Biosecurity Australia, the Commonwealth's agency responsible for undertaking science-based, quarantine-related risk analyses called Import Risk Analyses (IRA), has opened up a market that Philippine banana growers have sought to enter since 1995. In its determination statement, Biosecurity said … [Read more...]
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