Despite rising grocery store prices, bananas remain cheap due to low labor costs, high-yield Cavendish variety, and efficient US import system.
Bananas remain cheap amid rising grocery store prices due to low labor costs, high-yield nature, single Cavendish variety imported mainly from Guatemala, and a well-oiled import system in the US. The US imports more bananas by volume than any other country, with the average American consuming 27lb annually. The consistent supply and short shelf life contribute to their affordability and accessibility.
March 02, 2024
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