Banana

The Portuguese Competition Authority (AdC) has fined a company for abusing its dominant position in the market for collecting, distributing, and commercializing Madeira bananas. The company cooperated with the AdC through a settlement procedure, giving up its right to challenge the... read more

The wholesale prices of bananas in various European markets decreased in week 32 compared to week 31, with drops ranging from slight adjustments to more significant decreases. In Latvia, the average wholesale price dropped from €85/100 kg in week 31 to €76/100 kg in week 32. read more

Watermelon continues to be a popular fresh fruit in the United States, especially during the summer barbecue season. In 2024, it was the third most available fruit per person, following bananas and apples. The per capita availability of watermelon was almost 15 pounds, which was double the availability of all other types of melons. read more

Fresh Del Monte Produce Inc. has partnered with the CMA CGM Group to introduce containerized shipping for banana and pineapple exports from the Philippines to Japan and South Korea. This new approach replaces the conventional breakbulk shipping method with containerized logistics, with the goal of enhancing the cold chain efficiency. read more

Fresh Del Monte Chairman and CEO Mohammad Abu-Ghazaleh has warned of a potential global banana shortage linked to the spread of plant diseases and the effects of climate change. Speaking on July 30 during the company's second-quarter results call, he said he had been predicting an read more

Fresh Del Monte Produce Inc. reported net sales of US$1.18 billion for the second quarter ended June 27, 2025, up from US$1.14 billion in the same period of 2024. The increase was attributed to higher per-unit selling prices in the fresh and value-added products and banana segments, favorable read more

The Greek police reported seizing 598 pounds of cocaine, estimated to be worth over US$6.5 million, concealed inside a container of bananas imported from Ecuador. The operation was conducted based on information from the United Kingdom's National Crime Agency, indicating that the shipment was headed to northern Greece. read more

Fresh Del Monte Produce Inc. has teamed up with the CMA CGM Group to introduce containerized shipping for banana and pineapple exports from the Philippines to Japan and South Korea. This initiative replaces the conventional breakbulk shipping method with containerized logistics, with the goal of enhancing the cold chain. read more

In week 30, average wholesale prices for bananas from Latin America and the Caribbean decreased across all selected countries compared to the previous week (week 29). In Germany (DE), prices dropped slightly from €131/100kg in week 29 to €129/100kg in week 30. Spain (ES) recorded a read more

Ecuador's banana production is currently going through a challenging phase, characterized by unfavorable weather conditions, a low supply, and unusually high prices. Winter brought heavy rains, coupled with cold temperatures and reduced sunlight, which are impacting the fruit's typical growth, according to Jorge Álex. read more