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Although banana production for export had begun in much of mainland Central America in the 1880s, its initial impetus was from local small or medium-sized holdings. As infrastructure companies gained control of land around their railroads, however, they used their capacity to create much larger holdings and their control of trade to force the ...
Banana plantations, as well as growing the fruit, may also package, process, and ship their product directly from the plantation to worldwide markets.Depending on the scope of the operation, a plantation's size may vary from a small family farm operation to a corporate facility encompassing large tracts of land, multiple physical plants, and many employees.
Commercial banana production in the United States is relatively limited in scale and economic impact. While Americans eat 26 pounds (12 kg) of bananas per person per year, the vast majority of the fruit is imported from other countries, chiefly Central and South America, where the US has previously occupied areas containing banana plantations, and controlled the importation of bananas via ...
A banana plantation in St. Lucia. The banana industry is an important part of the global industrial agrobusiness. About 15% of the global banana production goes to export and international trade for consumption in Western countries. [1] They are grown on banana plantations primarily in the Americas. [2]
The banana plant is the largest herbaceous flowering plant. [2] All the above-ground parts of a banana plant grow from a structure called a corm. [3] Plants are normally tall and fairly sturdy with a treelike appearance, but what appears to be a trunk is actually a pseudostem composed of multiple leaf-stalks ().
After the signing of the NAFTA agreements in the 1990s, however, the tide turned against peasant producers. Their costs of production were relatively high and the ending of favorable tariff and other supports, especially in the European Economic Community, made it difficult for peasant producers to compete with the bananas grown on large plantations by the well capitalized firms like Chiquita ...
Pink banana (Musa velutina) in a butterfly sanctuary in the cloud forests of Mindo, Ecuador.Production of bananas began in Ecuador in 1910. [2] However, the industry did not experience a boom until 1948, when the government of President Galo Plaza began issuing agricultural credits, tariffs, building ports and a highway on the coast, and making efforts towards pest control.
Cuyamel Fruit Company was founded in the 1890s by William Streich, a speculator who bought land near the Cuyamel River in Honduras.The company soon ran out of money and was purchased around 1905 by the Russian born Samuel Zemurray, who used it as part of the beginning of his growing banana trade operation.