ECUADOR: Ecuadorians opt for value added products, banana growers forced to change
According to FAO findings, the global oversupply of bananas is expected to last until 2005 and will drive down prices at least another 18%. Faced with a prolonged global surplus of their product, many of Ecuador's banana producers are looking for alternative sources of income. The three most likely alternatives are switch to a different crop; switch to organic production; or offer a value added (processed) product. Ecuador has made great strides in banana processing in recent years.
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