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America’s most popular fruit might be taking a temporary leave of absence from some grocery store shelves. The first East Coast port strike since 1977 shut down 36 ports from Maine to Texas on ...
A warming climate and fast-spreading diseases threaten supplies and push up prices, a top banana industry expert warns.
Ken Wolter / ShutterstockAs prices for many grocery products have skyrocketed over the past few years, one essential Trader Joe's item has stubbornly resisted inflation: bananas. Individual ...
In contrast to other foods more heavily impacted by inflation, bananas have stayed relatively affordable over time — with average global prices never exceeding more than about 80 cents per pound (0.45 kilograms). Still, banana prices have seen some jumps in recent years. And it's not just impacting Trader Joe's shoppers.
Still, banana prices have seen some jumps in recent years. And it's not just impacting Trader Joe's shoppers. In the U.S., the cost of a pound of bananas averaged at about 63 cents last month.
Commercial banana production in the United States is relatively limited in scale and economic impact. While Americans eat 26 pounds (12 kg) of bananas per person per year, the vast majority of the fruit is imported from other countries, chiefly Central and South America, where the US has previously occupied areas containing banana plantations, and controlled the importation of bananas via ...
Perishable items such as fruits and vegetables, on the other hand, were predicted to have immediate impacts on supply due to the strike-impacted ports working with large proportions of the United States' supplies (e.g. handling 75% of the U.S.'s supply of bananas). [6]
The cost of bananas at one specialty grocer has become a little less a-peel-ing. Trader Joe’s has confirmed to TODAY.com that it recently raised the price of individually-sold bananas from 19 ...