California Peach Growers Get $9 Million to Destroy 420,000 Trees After Del Monte Cannery Closure
8 Articles
8 Articles
After the insolvency of the canned producer Del Monte, farmers in the USA should now clear 420,000 peach trees.
For 135 years Del Monte Foods was a fixed size. Then the bankruptcy. Now the next blow: hundreds of thousands of trees must be cut down.
The cannery manufacturer Del Monte has permanently closed two plants in California. The consequences are far-reaching.
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Del Monte's bankruptcy will destroy 420,000 trees in California. The government has allocated $9 million to eliminate the harvest to stabilize the market.
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