Rising Fruit Prices Win Comment from Industry Leader Thomas Hoey

    PHILADELPHIA, PA, August 07, 2013 /24-7PressRelease/ -- As the owner of Long Island Banana Corp., Thomas Hoey understands that even the slightest changes in natural environments can disrupt the supply and quality of produce. For instance, Hoey notes insects and weather as some of the leading reasons why fruit and vegetables either prove more available and affordable, or are limited and expensive. Illustrating the impact such factors make on the industry, Hoey points to a recent NBC News article that explains how many American farmers expect this summer's weather will impact the price and availability of many produce items in coming months.

NBC News explains, "...in Georgia, rainfall totals are 34 percent higher than normal, and in North and South Carolina they are up 25 percent, and Alabama is 22 percent above normal precipitation. And the outlook doesn't look any drier...The excessive rain in the Southeast means billions of dollars of damaged crops, according to some estimates. Add a drought in the West, and that could mean higher prices at the grocery store for staples such melons, tomatoes and cucumbers."

Thomas Hoey responds, "This epidemic of poor farming weather is not got for the industry as a whole, as it was not just one limited area of the country that suffered--it was many regions. As a result, upcoming produce is not likely to prove diverse or affordable."

NBC News shines more light on the widespread nature of this matter and states, "Although the farms of the Southeast have been hardest hit by the unusually wet summer, Vermont's corn crops are also soaked, and in upstate New York, saturated fields have crippled plows and other workhorses of the farm, endangering the pea crop as well as tomatoes and even hearty pumpkins."

Thomas Hoey notes, "Although bad weather will most likely impact the revenues of the farmers and their nearby communities the most, this kind of problem can have a negative effect on our entire economy. Even on the simplest level, many households may find themselves spending more this year to buy healthy, fresh produce."

While the western drought and wet summer months of the Southeast have resulted in a great deal of damaged crops, not every fruit and vegetable is in jeopardy. "While bananas have always remained one of the less expensive fruits, it is important to note that United States weather patterns will not likely have a major impact on banana prices. Since most American banana products are imported from Latin America, the Philippines or Thailand, these conditions do not necessarily apply," Thomas Hoey concludes.

ABOUT:

Thomas Hoey is a proven business professional whose history extends from a long line of successful fruit merchants. Hoey is currently the owner of Long Island Banana Corp., which specializes in importing bananas--as well as a full of line of other produce items--from Central and South America to the New York metropolitan area. This company is known for ripening its produce directly at the Long Island Banana Corp. facility, thus guaranteeing that each piece of fruit is delicious and perfect, ready for the consumer to enjoy.

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