Mmastodon BusinessEconomy first seen 17 h ago, last 50 min ago, peak #8

Fyffes executive says banana industry under significant cost 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 Fyffes, said the banana industry is under very significant pressure, with costs rising across virtually every part of the supply chain, from farm inputs and labor to logistics and transportation. His comments highlight a tension in the sector: despite these rising expenses, bananas continue to be sold at prices that many growers struggle to sustain.

Why now: Rising supply chain costs colliding with persistently low banana retail prices are raising concerns about the industry's economic viability.

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 · 21

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