California Peach Growers Face Devastation
Fresno News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
California peach growers face a crisis as Del Montes bankruptcy leaves them with a surplus of seventy-five thousand tons of fruit, worth over five hundred fifty million dollars, and no buyer for their Modesto cannery. Pacific Coast Producers offers one-year contracts for a third of last seasons volume, leaving two-thirds of growers out. The industry has shrunk from eleven processors in the eighties to one today, with growers citing changing tastes, cheap imports, and rising costs. Growers seek a federal tree-pull program to cover up to three thousand acres, weighing short-term deals against ripping out trees amid market shifts and no long-term buyers in sight.
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