Bananas on the verge of extinction?
A deadly fungus from the mid-1980’s threatens to wipe out America’s favorite fruit, according to CNBC. The deadly fungus has spread from Southeast Asia to Australia, the Middle East and Africa. It causes Panama disease and can wipe out entire plantations of bananas.
In the last decade, the U.S. imported an average of $2.2 billion worth of bananas each year, largely from Central and South America. According to the article, most of this business is done by three major companies: Chiquita, Fresh Del Monte and Dole.
To read the CNBC article, click here.