Overview of global banana market
date:Mar 03, 2021
year (December 30, 2020), banana production was about five percent higher than in the previous year, according to the Australian Banana Growers' Council. However, the ABGC suspects that production will not be that high by the end of the financial year. The institute also predicts that current, persistently low prices could result in fewer plantings, which could have an impact on next season's production. The shortage of labor currently remains the biggest problem for banana growers.

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