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Banana Economics Forum Bananas are the number one exported fruit in the world, and the number one fruit eaten in nearly every country. This forum is for discussions of the economics of bananas involving producers, economists, consumers, transporters, wholesalers, and governments.


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Old 07-28-2009, 09:31 AM   #1 (permalink)
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Default Chiquita Prices

Since we've been seeing and talking about Chiquita's prices at Wal-Mart being so low I thought I'd just start a thread about it because my girlfriend came home from the French Market Produce the other night (not THE French Quarter market but the local produce place in Mandeville, LA) and said that Chiquita's were

TWENTY NINE CENTS A POUND.

That's twenty cents cheaper than Wal-Mart!

Last I saw at Wal-Mart, which was 2 months ago, they were 49 cents a pound.

At Winn Dixie the other night it was Yes, We Have No Bananas. Not one banana on the island. And they are strictly Dole. They did have the Ninos or whatever. They did have Plantains but no sticker.

I'll have to check at Rouses. They usually have Dole and then one or two other types as well as plantains.

If Wal-Mart is gonna continue to "drive prices down" why don't they just give the bananas away? Pay Chiquita whatever and give them away? They almost are.

And how is it that a fruit from so far away is getting CHEAPER? I know it's a loss leader but they don't do that with FLA oranges or LA satsumas. Why is that? Because they are grown in the USA?

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Old 07-28-2009, 09:33 AM   #2 (permalink)
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Default Re: Chiquita Prices

Supply & demand.
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Old 07-28-2009, 10:04 AM   #3 (permalink)
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Default Re: Chiquita Prices

I can't believe that you really discuss Wal-mart banana prices so thoroughly.
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Old 07-28-2009, 10:14 AM   #4 (permalink)
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Default Re: Chiquita Prices

Quote:
Originally Posted by Jack Daw View Post
I can't believe that you really discuss Wal-mart banana prices so thoroughly.
Wow...!! Think things got cross-threaded !! Personally, I'd pay a dollar or more for a Great Nanner !!
But... might get them as cheap as 29.3098080759348937679346 cents at Dombie's corner market .

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Old 07-28-2009, 11:09 AM   #5 (permalink)
 
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Default Re: Chiquita Prices

The discount grocers (local chains) here sell Chiquita bananas. They usually look bad .
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Old 07-28-2009, 05:54 PM   #6 (permalink)
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Default Re: Chiquita Prices

Eh, hell, you go in, you see the prices, it's easy to remember. It's not like remembering the license plate of a car that tried to run you off the road and sped away! It's just simply astounding to me that they are so cheap.

And part of the point is, or was, that I was only seeing Chiquita at Wal-Mart and nowhere else. I have seen them in various gas stations across Alabama. That's about it.
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Old 07-29-2009, 08:29 PM   #7 (permalink)
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Default Re: Chiquita Prices

Ahhhh, it pays to look closer.

Much to my chagrin, the bananas at Wal-Mart near where I live? They haven't been Chiquita for a year now. It's some company from Costa Rica. I can't remember the name but there was an email address that started with transrican...something@gmail.com

They were putting out fresh bananas though - and they were different from the bananas that were there (I happened to notice what he was doing and went and grabbed one he was tossing out and compared it to the fresh ones). Different length, width and even the curve was different.

Anyway, thought I'd make it clear I was wrong about Chiquita at Wal-Mart! The only Chiquita at Wal-Mart is Fresh Express bags of lettuce.

However - the bananas that are there now? 64 cents a pound.
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Old 07-29-2009, 09:23 PM   #8 (permalink)
 
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Default Re: Chiquita Prices

My brother just told that at his Walmart they are Dole, and they are 68 cents a pound. Very over ripe brown spotted crap from Ecuador. Bagged green ones are also Dole from Ecuador and 57 cents a pound.
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Old 07-30-2009, 06:30 AM   #9 (permalink)
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Default Re: Chiquita Prices

I'm pretty sure the one's I mentioned in another thread were from Costa Rica as well. Beth, do you know what company this would be?
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Old 07-30-2009, 08:21 AM   #10 (permalink)
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Default Re: Chiquita Prices

There is a company from costa rica that is selling bananas called Rose or Rosey or something like that. I have seen it at some of the roadside vendors.
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Old 07-30-2009, 08:49 AM   #11 (permalink)
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Default Re: Chiquita Prices

Rose, I think, but Turbana also has plantations in Costa Rica.
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Old 07-30-2009, 02:13 PM   #12 (permalink)
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Default Re: Chiquita Prices

I'll double check this weekend on the name of the company but the quality is certainly not very good anymore. Apparently to Wal-Mart, the cheapest source is all that matters and if I continue to buy them without complaint then I am a part of the problem.
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Old 07-30-2009, 07:29 PM   #13 (permalink)
 
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Default Re: Chiquita Prices

Most of the time I shop at HEB next to me and the bananas look a lot better than what I see in Walmart/Target.
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Old 07-30-2009, 07:44 PM   #14 (permalink)
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Default Re: Chiquita Prices

I got to thinking about it today when I was at the store and you know who is making an absolute killing on bananas is the 7-11s and vendors at the airports. One finger cost $0.69 at 7-11 and at the airport it is like $1.50. If I could get 69 cents a finger for my bananas I'd have to guard them so they wouldn't be stolen. At 100+ fingers per bunch we are talking real money.
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Old 07-30-2009, 07:49 PM   #15 (permalink)
 
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Default Re: Chiquita Prices

Airports have crazy prices on everything.
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Old 07-30-2009, 09:00 PM   #16 (permalink)
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Default Re: Chiquita Prices

Target sells bananas? I've never seen 'em. That's hilarious! Next time I go to Target, which is almost never, I'll have a look! Ha ha...this just continues to be interesting.

Chiquita lost Wal-Mart because they wanted to pay less for 'em, so they said forget it but Dole said OK here and there but some other company said OK so...

They obviously have a cutoff cost for what they won't do. If bananas are 69 cents a pound at the store, then how much does the banana company get for them?

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Old 07-31-2009, 06:06 AM   #17 (permalink)
 
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Default Re: Chiquita Prices

Probably the rate down there thats a little over $5 for a 40lb box.

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Ecuador spot price is $5.40 US for 40lb cases.
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Old 09-08-2009, 12:02 AM   #18 (permalink)
 
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Default Re: Chiquita Prices

Kroger prices

Plantain $1.99 a pound

Miniture reds $2.99 a pound
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Old 09-08-2009, 07:51 AM   #19 (permalink)
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Default Re: Chiquita Prices

Hi!

Bananas .39 a pound here @ Commissary , .49 a pound here HEB & Wal-Mart.
Only Dole & DelMonte available.

THX! ~Cheryl
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Old 09-08-2009, 12:59 PM   #20 (permalink)
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Default Re: Chiquita Prices

For September,

Bananas:

Full raceme most types, $1 US to $1.50
Hand, most types, anywhere between 25 cents and $1.50
Fingers, Pisang Klotek, 20 cents for three or the whole hand for 50 cents.

Plantains:

Full raceme Cien Libras or Kichua Sweet $4-6 US
Hand Cien Libras $2
Hand Kichua Sweet $2.50
Finger 10 cents

Ecuador spot price for 40lb case of Gran Nain or Cavendish holding steady at $5.40


BTW, Cheryl, love the new sig. What if he comes at you with a pointéd stick?
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