Rising costs of fruit and vegetables hit the Philadelphia Wholesale Produce Market

  • 📰 PhillyDailyNews
  • ⏱ Reading Time:
  • 64 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 29%
  • Publisher: 67%

Business News News

Business Business Latest News,Business Business Headlines

Daily News | Rising costs of fruit and vegetables hit the Philadelphia Wholesale Produce Market

due to the Great Resignation, the rise in U.S. wages, and falling immigration.

The federal government increased SNAP benefits 27% last fall for more than 40 million Americans, boosting the payments to $835 a month for a family of four. “That’s really helped, that their SNAP cards are loaded,” Kovacevich said. But the current trend has been toward supplier delivery, which forces the produce dealers to invest more in trucks, and squeezes out the old-timers who insist they’re not in the hauling business. From 27 owners when the current market location opened 11 years ago, just 20 larger dealers operate there now.

He points to a box of Asian pears from self-pollinating trees, which has increased their growing area and cut costs. He’s looking forward to more and better mass-market produce.Michael Lombardo, one of the partners, is calculating how shipping costs are pressuring the market for mangoes, “the number-one fruit consumed worldwide, except in this country” which Pinto sells in increasingly diverse varieties to area markets.

Shifting costs could bring back wooden boxes, which Lombardo said are much better for the sweetest kinds of green beans than cardboard, or plastic, which “doesn’t breathe.” The culprit, again, is “Amazon. They’re buying up all the cardboard for Amazon Prime,” the same-day delivery service.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

PhillyJoeD And yes, we know that it's going to hit minorities harder than wealthier people, especially when food deserts become food desert planets like in 'The Mandolorian'.

PhillyJoeD This was an interesting read.

PhillyJoeD Are we sure greed isn’t a big reason?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 89. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Two Uptown Dallas high-rises hit the marketTwo Uptown Dallas apartment towers — the Carlisle & Vine high-rise and the Residences at Oak Grove — are the latest luxury rental communities to come on...
Source: dallasnews - 🏆 18. / 71 Read more »