California farmers to cut down 420,000 peach trees after Del Monte shutdown

Del Monte Bankruptcy to destroy 420,000 Peach Trees in California

A steady decline in demand for canned products as consumers shift toward fresh produce and several other factors led to this collapse.

Peach farmers prepare to destroy 420,000 trees after Del Monte Foods bankruptcy

California farmers must destroy 420,000 peach trees after Del Monte closes its canneries and cancels more than $550 million in long-term contracts

One Del Monte canning facility processed 30% of the state’s cling peaches, and its closure left growers with a glut of crops with no one to process them.

An Iconic Fruit Company Went Bankrupt. Now, It’s Chopping Down 420,000 Trees

And the government is helping.

California farmers to destroy 420,000 peach trees after Del Monte collapses

Officials say cutting 50,000 tons of peaches from production could prevent $30m in losses for farmers

California farmers to cut down 420,000 peach trees after Del Monte shutdown

California farmers are preparing to destroy an estimated 420,000 peach trees after the collapse of a major fruit processor left growers across the Central Valley without buyers for tens of thousands of tons of fruit. The closure of Del Monte Foods’ canneries in Modesto and Hughson in April devastated many multi-generational farms that relied on [...]