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Heavy rains likely to raise banana prices in Ecuador
date:Sep 25, 2012
er. Thats to a large extent driven by some issues in Ecuador and Colombia, mainly weather issues.

Good news for Chiquita

Tighter supplies and higher prices could be welcome news for Charlotte-based Chiquita Brands International. Low prices have hurt Chiquita, which recently announced it would cut $60million worth of expenses and restructure in order to become a high-volume, low-cost commodity company.

In August, Chiquita reported that revenue fell 4percent to $833million for the second quarte

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