Business · Energy & Commodities · 1 hr ago

Latin American banana growers seek better prices as El Niño hits crops

Latin American banana growers seek better prices as El Niño hits crops

The El Niño weather pattern is damaging banana crops across Latin America with heavy rain, strong winds and drought.

Growers in Colombia, Peru, Ecuador and the Dominican Republic are facing different weather threats.

During a previous El Niño cycle, productivity fell by 13% in the Dominican Republic, 22% in Ecuador and 6% in Peru.

In Colombia’s Caribbean region, banana exports fell 32% between July and September, to $122 million.

Growers say low prices and rising costs threaten the industry’s viability, while climate-related losses also put workers’ wages at risk.

Fairtrade is urging the UK to address unfair trading practices so producers can invest in crops that better withstand extreme weather, pests and disease.

Some UK supermarkets already buy Fairtrade bananas, but producers are calling for fairer commercial terms across the market.

2 sources

Related

What people are saying

Dr Carley-Jane StantonFairtrade climate and environment lead
we expect the impacts for producers to be more severe
via Guardian
Association of Banana Growers of Magdalena and La Guajiragrowers’ association
Given the risks threatening the continuity of banana production, we are calling on international markets to foster commercial conditions that recognise actual production costs and contribute to the sector’s sustainability.
via Guardian
Ever Antonio Flores Muñosworker at Agrosiete
It’s going to affect all of us – our workers, colleagues – everything will be at great risk, and our wages will decrease.
via Guardian
Eleanor HarrisonFairtrade chief executive
Fair prices, climate resilience and decent work go hand in hand.
via Guardian