Due to the damage caused by the passage of storm Laura last weekend, there would be a shortage of bananas and an increase in their prices in the markets of Santo Domingo in a few weeks. President of the Federation of Traders of the New Market of Agricultural Villas, Miguel Minaya, made this prediction yesterday.
Minaya claims that when situations like this occurred in the past, in the first weeks, banana prices tend to fall, as growers will harvest and market them so that they are not lost. After this, they become scarce.
Dominicantoday.com quoted him as saying: “Until now the market is crowded with most agricultural products, but in the next 15 or 20 days, it is possible that at least the banana, will start to rise, as a result of the great loss that it had in the large banana producing towns.”
He reported that yesterday 60 trucks of bananas from Barahona entered the market, while about 40 came from Cibao. He said that the prices of many products have been affordable.