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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 ...
See which items experts say could be harder to find on Carolina shelves, or cost more, after Hurricane Helene and during dockworker strike.
Bananas, imported wine and beer, coffee and car parts — there’s a long list of items consumers across the Carolinas might struggle to find in coming weeks.
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]
Instead, because of the notion of cross elasticity of demand and product characteristics, the product market was defined as the banana market. It was assessed that bananas had an inelastic demand, and that the product was not interchangeable with others in the "fresh-fruit market".
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A warming climate and fast-spreading diseases threaten supplies and push up prices, a top banana industry expert warns. Banana prices to go up as temperatures rise, says expert Skip to main content