Tenerife Banana Exports
June 19, 2009 Leave a comment
Tenerife Banana exports to the Spanish Peninsula have been cut to prevent further price reductions.
A decision was made to hold back banana exports this month in a late attempt to prevent price falls. The market had become oversaturated.
Apparently, 300,000 kilos of bananas have been donated to the World Food Bank to avoid the need to place them in storage. It would seem that Canarian farmers would rather give away the bananas than sell them cheap. Hopefully the World Food Bank will be able to make good use of the bananas.