Banana Growers – what happens when a storm hits.
Banana Growers at Coffs Harbour were smashed last weekend, with some banana growers losing all or part of their trees. That’s a big blow: it takes about 8-9 months to re-grow the runners and have fruit ready to harvest.
For once, the show is on the other foot: over the past 10 years, North-Queensland banana growers have been wiped out twice in the last
decade: first in 2006 (cyclone Larry) and then again in 2011 (cyclone Yasi).
In 2014, cyclone Ita threatened for a while before it was downgraded to a category 4 storm.
During both cyclone disasters, Coffs Harbour growers (as well as growers in Carnarvon in WA) did stiff business when bananas retailed for well over $10 a Kg.
As Coffs Harbour accounts for less than 10% of national banana volume, and as not all growers have been impacted, we’re not expecting significant price movements. So, Coffs bananas will at times suffer from limited availability.