Honduran producers selling their bananas to a Chiquita subsidiary say they need to be compensated for crop loss.
A new export destination is on the cards for the upcoming Honduran melon season which is a bit behind schedule.
After 10 months of negotiations, Tela Railroad Co. workers have negotiated a 27% pay rise to go over three years.
German Zepeda, a leading figure for Honduras’ banana sector, informed that the multinational Del Monte will purchase more than five million boxes of the fruit from Honduras this year.
He stated that “for these companies, it is important to find producer groups that can supply between five and eight million boxes of bananas.”
He estimated that the multinational would invest between seventy and eighty million dollars, which corresponds to about six to seven dollars per box.
According to the producer, this will entail a sustainable increase in production volumes, although not necessarily an expansion of the banana plantations.
According to Zepeda, northern Honduras has approximately nine thousand hectares of banana plantations.
Publication date: 1/13/2014
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