Ecuador issues emergency decree regarding banana pricing

Posted on July 24, 2012 • Filed under: Agriculture, Ecuador

The Ecuadorian government has delivered on its emergency decree promises with a new banana purchasing scheme in the provinces of Guayas and El Oro, with growers in the latter receiving fumigants to tackle disease Black Sigatoka. The purchasing scheme is designed to ensure growers don’t receive prices below the set price of US$5.50 per carton, with the Ministry of Agriculture, Livestock, Aquaculture and Fisheries (MAGAP) selling the bananas on to exporters. Read Article

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