Banana industry expected to regain full strength by Xmas

Stored under Caption This!GamesMiscellaneousNewsRecipesRelated EBay AuctionsReviewsVideosVisual Stimulation on July 27, 2006

Bananas from trees which escaped the full force of cyclone Larry in north Queensland earlier this year will begin arriving on supermarket shelves as early as September.

The price of the fruit has skyrocketed with most of the crop wiped out during the cyclone.

Craig Allen from the Banana Industry Promotions Company expects the industry to be back to full strength by Christmas.

"The response to the news has been great because banana ticket prices have been at absolute record levels," Mr Allen said.

"You know retailers have had to pay $120 to $150 so that's why we've seen the retail tickets at $14.99 and $15.99 in some capitals."

[Source]

Did you find this post useful? Then Digg It.