Stronger Banana Market Likely into 2013

After a spring of supply disruptions and a surprisingly strong summer, banana industry sources report a stable fall market that should strengthen at least through early 2013.

“The crop is good with good quality and growing conditions,” said Dennis Christou, vice president marketing for Coral Gables-based Del Monte Fresh Produce.

Bil Goldfield, communications manager for Westlake Village, Calif.-based Dole Fresh Fruit, said he expects supplies to remain consistent until the end of the year. Read more