Why The Banana Business Of Chiquita And Dole Is At Risk

Share
Embed
  • Published on Apr 21, 2019
  • A deadly fungus is spreading from Southeast Asia and wiping out whole plantations of America's favorite fruit: the banana. The tropical fruit's popularity is thanks to a few pioneering entrepreneurs, who founded Chiquita under a different name over a century ago. Now, the business they built is at risk of decimation if the fungus reaches Latin America, the source of 97% of the U.S.' banana imports.
    » Subscribe to CNBC: cnb.cx/SubscribeCNBC
    About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.
    Connect with CNBC News Online
    Get the latest news: www.cnbc.com/
    Follow CNBC on LinkedIn: cnb.cx/LinkedInCNBC
    Follow CNBC News on Facebook: cnb.cx/LikeCNBC
    Follow CNBC News on Twitter: cnb.cx/FollowCNBC
    Follow CNBC News on Instagram: cnb.cx/InstagramCNBC
    #CNBC
    #Dole
    #Chiquita
    Why The Banana Business Of Chiquita And Dole Is At Risk

Comments • 2 795

  • CNBC
    CNBC  4 months ago +342

    Are you worried that bananas will go extinct?

    • Ginger Kitty Project
      Ginger Kitty Project 3 days ago

      Yes!

    • pete welch
      pete welch 20 days ago

      stupid question because there will be lab grown bananas in 10 years. so NO! fake news

    • Michael Pettersson
      Michael Pettersson 21 day ago

      @AEtheGOD I have a choice of several types of potato at the local grocery store, we need to do this for bananas as well.

    • Jumpin Nemo
      Jumpin Nemo 27 days ago

      They are. Its CONFIRMED

    • borko masterimot
      borko masterimot Month ago

      Yes, I'm really worried!

  • Kerv D
    Kerv D 9 hours ago

    #Awesome story. As usual sick greedy American company for the United States of America Empire.

  • King Beef
    King Beef 3 days ago

    The white man will do anything for money

  • Madison McKenzie
    Madison McKenzie 7 days ago

    Absolutely love these informative mini-documentary type videos. Please continue making them.

  • Great Outdoors
    Great Outdoors 7 days ago +1

    It happened

  • Tre Israel
    Tre Israel 8 days ago

    If the bananas were seeded and not injected with GMO that wouldn’t be a problem

  • The truth
    The truth 8 days ago

    As of August 2019 TR4 has finally reached the Latin Americas. Now it’s just a matter of time before the cavendish joins the gros michel. Once again the U.S proves how really corrupt and evil it really is

  • Risky Nights
    Risky Nights 9 days ago +1

    Colombia announced TR4 has arrived in Latin America and announced a national emergency

  • Huy Nguyen
    Huy Nguyen 12 days ago

    avocados have about 10x more potassium than banananana

  • Patrick Baptist
    Patrick Baptist 14 days ago

    BTW IF you think Adam and Eve ate an actual fruit like apple/banana then you will not be able to understand the Bible at all, that is just false doctrine taken out of context by idiots and parroted by the ignorant that don't do their own study work.

  • Patrick Baptist
    Patrick Baptist 14 days ago

    They go great with peanut butter. My kids love em and eat ALOT of them, but they aren't our fav, apples and berries are which are more healthy anyways.

  • fabian fabi
    fabian fabi 18 days ago

    IM 100% THE USA CREATED THIS DISEASE.....

  • Bob Joy
    Bob Joy 20 days ago

    gmo and phage therapy can solve this mess easily

  • JailGuide
    JailGuide 20 days ago

    Here's a video of a dumpster full of bananas... thexvid.com/video/wdjZ50Ay1ZY/video.html these videos pop up weekly of freegans finding food that could have been donated....

  • NDP Films
    NDP Films 21 day ago

    So that decease is kinda like Bitcoin...Once it's on the wild nothing can stop it ;)

  • Aashish
    Aashish 24 days ago

    Cavendish banana has quite dull taste when compared to other banana varieties grown in Asia, but it is not as fragile as others and is bigger in size. That's one of the reasons GM food is so popular in America, cause so long as it is good looking despite lacking taste or perhaps nutrients as well, it will sell.

  • Ryan Tran
    Ryan Tran 25 days ago +1

    "By the way it's lookin DWIGHT, I'd say he's a dirty,"
    "oh god"
    "collectivising,"
    "no!"
    "commie."
    "COMMIEEEE COMMIEEE"
    "Yeah go get em dwight!"
    "WEEEEEEEEEEEEEEEEE"

  • cetriya's Art n Comics Channel

    good riddance, I feel sorry for those who lost jobs but as they weren't paid well and forced to work... I don't like these bananas anyways. you can get plenty of potassium and lots less sugar from other produce

  • Shopify Expert
    Shopify Expert 28 days ago

    Hahahaha Good Stuff

  • teijeiro74
    teijeiro74 28 days ago +1

    Huh!! The competition.

  • digiryde
    digiryde 29 days ago +1

    Funny thing is the same claim that was used back then that those who would protect the people from the companies as communists is still being used today for the same purpose. What I hear is if you are not for our wealth and control, you are a communist. And this is why the problems exist in all of these countries today.

  • a.m. remorse
    a.m. remorse Month ago

    Fascinating. If the cavendish succumbs then maybe we can grow an appreciation for the plantain. When ripe you can fry those bad boys up and they’re damn delicious. Maduro. I’ve never once had a banana and went “ahh this is just so damn delicious”. Bananas are typically a let down like continental breakfast in which it happens to be a prominent feature of.
    Don’t even get me going on plantain chips. Amazing.

    • lovesgibson
      lovesgibson 29 days ago

      Have you tried ripe organic bananas? They’re almost always sweeter and more complex flavor than conventional bananas

  • Mohame Farah
    Mohame Farah Month ago +1

    Am eating banana while watching this.....

  • Dima Gass
    Dima Gass Month ago

    4011

  • Frank Smith
    Frank Smith Month ago

    If you've ever been to Southeast Asia, you know there are FAR more interesting and tastier varieties of banana, which make the Cavendish seem boring in comparison.

  • demsy ciu
    demsy ciu Month ago

    do american fried their banana?

  • Gustavo Medrano
    Gustavo Medrano Month ago

    same thing that happened with bananas is happening today with oil, look at the USA backing an evil monarchy in the middle east, trying it best to get in a fight with Iran and Venezuela, those are real humans suffering at this moment and it looks like things could go worst for them in the future while people in the usa don't even know all the wars the usa have been involve in the last 5 years direly or indirectly... and the media love backing those wars and don't say anything about it or try to prevent or get out of those wars...

  • julius jones
    julius jones Month ago

    This is the kond of nideo my tax sdkollars are pauing for

  • jim beam
    jim beam Month ago

    It's all their fault ...they took all the seeds out of everything....WE ARE SCREWED!

  • Keith X
    Keith X Month ago +1

    Nothing has changed . Banana, drugs, opium, oil, sugar, banking ... wars declared on behalf of the cooperate interest.

  • Veronica Rossi
    Veronica Rossi Month ago

    In Argentina we get all sorts of bananas. We have red bananas that are tiny, and yellow normal ones, and then a smaller version and a tiny version.

    • Chris Gilliam Man Stuff
      Chris Gilliam Man Stuff Month ago

      I grow several varieties in my yard, but rarely get any. Can't wait for my first red ones to make.😉

  • Joseph Mai
    Joseph Mai Month ago +1

    How bout gmo bananas and I know people would say gmo is bad but gmo saved the Hawaiian papaya

    • Chris Gilliam Man Stuff
      Chris Gilliam Man Stuff Month ago

      @Riki Rikin kanayin Idiot.

    • Riki Rikin kanayin
      Riki Rikin kanayin Month ago

      Oh shut up you white people and your mono agriculture practises are destroying many varieties of plants so people pay for your seed this why you create problems in other nations and you have refugees crisis and than you cry about themis thanks to central american slave labor and land giving to united fruit company that stablish your first multinational by putting puppets government at some point something in your brain has to click that is not working out for you.

  • Salman Ariffin
    Salman Ariffin Month ago

    Before you eat a banana, always remember the number one rule:
    1. Never make eye contact while eating a banana

  • Erick Palacios
    Erick Palacios Month ago

    Ah, the greedy capitalist monster that is the US. Such a horrible national history any way you look at it. SMH

  • Konstantinos Valkanas

    2:54 did she just called Papua a "tiny" island??? Wth

  • Soumyakanti Chakraborty

    US is a criminal enterprise of white businessmen.

  • Doug SwampRat
    Doug SwampRat Month ago

    The US causing conflicts and trying to politically influence other countries? No, never. *cough* oil *cough*

  • jb411000
    jb411000 Month ago

    Give me a break. Not hearing from an America 'expert'.

  • Muf
    Muf Month ago +1

    You forgot to mention the part where researchers in Honduras over the past 30 years have bred a variety of banana with a taste similar to the superior Gros Michel but resistant to all known forms of Panama disease, without the use of genetic splicing (GMO). It's called the Goldfinger.

  • Hanyue Li
    Hanyue Li Month ago

    Amazon is the modern United Food.

  • Father Finger
    Father Finger Month ago

    PRETTY GOOD PROPAGANDA IN ORDER TO JACK UP THE PRICES. DO YOU REALLY THINK WE ARE THAT NAIVE? I BET IT'S GONNA GO FROM 45 CENTS PER POUND TO 2.00 . I WON'T BUY BANANAS AT .55. IT'S JUST A BANANA

  • For Love And Hugs
    For Love And Hugs Month ago +4

    I don't think Cavendish bananas are that good....it's flavorless compared to Asian types

  • chancy319
    chancy319 Month ago

    This is just propaganda to increase banana prices.

  • Leam D
    Leam D 2 months ago

    So basically the US is largely responsible for supressing the rights of latin americans and thus largely responsible for the migrant crisis.

  • Markstubation01
    Markstubation01 2 months ago

    I'd be interested to see what a Gros Michel taste like.

  • kdfosifki
    kdfosifki 2 months ago

    What is the song playing during the history portion? :D

    • NEGUS MBARKA
      NEGUS MBARKA 2 months ago

      kdfosifki LE GRANDES WEBOS DE MORENO

  • Kai Zhang
    Kai Zhang 2 months ago

    You forgot to mention operation PBSUCCESS, a coup d'etat carried out by CIA, authorized by U.S President Eisenhower, to overthrow the democratically elected President of Guatemala and installed a dictatorship, just because Guatemalan wanted to take back its own banana land :) and "Communism" is nothing but a label that U.S government uses so that its terrorism seems somewhat righteous.

  • Sarah Vittrup
    Sarah Vittrup 2 months ago +1

    i really dont understand the fear of GMO if we have the knowledge we can improve these plants to fit our every need, it seems like a the perfect solution.
    i also scuff at people who only want food made in thier own country :/

  • Blake McAndless
    Blake McAndless 2 months ago

    That colonialist apparatus that lead to genocide and generations of civil war in Guatemala and elsewhere is still firmly in place today. And people wonder why there are caravans.

  • t84t748748t6
    t84t748748t6 2 months ago

    wait u call it panama disease but it hasn't reacht latin america i thought panama is in latin america

    • t84t748748t6
      t84t748748t6 2 months ago

      ya watch the hole video and nowe i understand

  • Mr. P. Enis
    Mr. P. Enis 2 months ago

    I'm eating a banana right now

  • QBuild Pro
    QBuild Pro 2 months ago +1

    Banana sounds like such a silly word

  • shaa141
    shaa141 2 months ago

    USA murdered 3000 people's for bananas myself never believed USA did war for oil but now I am believing

  • Zyo
    Zyo 2 months ago +1

    So before oil, there is banana. America always finds way to wage wars.

  • Farid Manshaii
    Farid Manshaii 2 months ago

    Just use CRISPR-CAS9 to create immunity to the disease and fungus.

  • emeaney3
    emeaney3 2 months ago

    so we'll have to settle for another of the 1000's of banana varieties...

  • Vinod Nair
    Vinod Nair 2 months ago +1

    Well we are lucky, we have 100s of banana varieties in Kerala.

  • MARIN
    MARIN 2 months ago

    I did'nt know there was so much blood in our bananas.

  • Dadson worldwide
    Dadson worldwide 2 months ago

    yes because there all one dna .bannas have been attacked before .
    this means one disesse can effect then all

  • David Rodriguez
    David Rodriguez 2 months ago

    You should have covered also the political and social mess the united fruit company and another big companies did in central america specially

  • Bcat BB
    Bcat BB 2 months ago

    I don’t mind, never did like this variety much anyways.
    I prefer the smaller and much sweeter one

  • asd asdasdad
    asd asdasdad 2 months ago

    Minions left the chat

  • Jacob Mecklenborg
    Jacob Mecklenborg 2 months ago

    This video missed the wild episode in Chiquita history when it was bought by Cincinnati insurance and gas station magnate Carl Lindner, Jr., and moved around 1987 from New York to a midwestern city with a small-time local media. Except in 1998 the Cincinnati Enquirer hacked its internal voicemail system and uncovered all sorts of illegal stuff going on. Uncle Carl and his army of lawyers attacked The Enquirer and forced it to retract that stories, pay it $10 million, and sign an agreement to never write an investigative piece on another Lindner-owned business. dlib.nyu.edu/undercover/chiquita-banana-expose-cincinnati-enquirer

  • Earl Gray
    Earl Gray 2 months ago

    Banana Cabana

  • fa rang
    fa rang 2 months ago +1

    0:20 "specifically we like this banana : the cavendish" lol no that's the least good of all bananas but it's the only available since it's the only one produced on an industrial level, wrong premice i'm afraid

  • neptune dragon
    neptune dragon 2 months ago

    mass extinction on the way. nature must balance the ever-growing bannana population

  • Don KiksBiscuits
    Don KiksBiscuits 2 months ago

    Soon there will be too many people and not enough bananas or they aren't growing fast enough to supply the demand

    • Twatical
      Twatical 2 months ago

      Anything else Einstein?

  • Louis Vargas
    Louis Vargas 2 months ago

    CiA is responsible for this Panama disease.

  • Bearded Elder
    Bearded Elder 2 months ago

    Change the hair style, lose some weight and remove those disgusting nails.

  • Batam City Tour
    Batam City Tour 2 months ago

    In Indonesia we prefer our native Bananas instead of that filthy genes Cavendish GMO, why so? because we prefer the smaller variance for fried Banana snacks and the wild variance one with seedlings for Banana Chips... Cavendish costs about S$0.60 per pcs... Which is expensive for the mainstream Indonesian... Please do not export your filthy genes in our market...

  • Lanijiro _
    Lanijiro _ 2 months ago

    Cool video. Thanks

  • Mary A
    Mary A 2 months ago

    WOW - heard about the infamous US banana companies running rampant in Costa Rica - didn't know about the Colombia massacre ! JUST MORE PROOF of the "Evil Empire" treating Latin America as its "backyard". PLEASE read "Secret History of the American Empire" by Perkins (Amazon.com). As a "corporate hitman / jackal", he participated in bribing, blackmailing, and otherwise coercing 3rd World leaders into "dancing to Uncle Sam's tune". If they refused, the US military was sent in as "Mafia enforcers", to bring REGIME CHANGE to the country. SOUND FAMILIAR ???

  • blue03r6
    blue03r6 2 months ago

    bananas are actually highly genetically modified. GMO. food for thought. what you buy at the store is not how a banana looked 100 years ago. fruits in general are full of sugar. sugar is shown to be the causes of many cancers in the latest research. you can actually gain weight eating bananas and other fruits. these companies are just lying their asses off to consumers about the health benefits of their products. fruits should only be consumed in small amounts

  • al bundy
    al bundy 2 months ago

    Machine Gunning 3000 civilians , " Name of Freedom " or Just " Greed " then and now Nothing Change from American Imperialism .

  • Augustine Lee
    Augustine Lee 2 months ago +6

    i should really think twice before buying chiquita anything ever again. even dole....