Mmastodon BusinessEconomy first seen 7 h ago, last 33 min ago, peak #9

Fyffes executive warns banana industry under significant pressure

Original: “The banana industry is under very significant pressure,” said Frank Burkhardt, Chief Commercial Officer at Fyffes. “Cos

Frank Burkhardt, Chief Commercial Officer at fruit giant Fyffes, said the banana industry is under very significant pressure, with costs rising across nearly every part of the supply chain, from farm inputs and labor to logistics and transportation. His comments highlight a squeeze on producers and importers even as bananas continue to be sold at low prices in stores.

Why now: Rising supply chain costs squeezing a staple grocery staple make the industry's pricing dilemma newsworthy

FyffesFrank Burkhardtbanana industry

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• “The banana industry is under very significant pressure,” said Frank Burkhardt, Chief Commercial Officer at Fyffes. “Costs have increased across virtually every part of the supply chain, from farm inputs and labor to logistics and transportation. Yet bananas continue to be sold… · ai6yr@m.ai6yr.org · 20

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