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	<title>Dan Koeppel&#039;s Blog &#187; Banana Price Watch</title>
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	<description>Bananas, Los Angeles, and Transit Geekery</description>
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		<title>Banana Price Watch: Australia edition</title>
		<link>http://www.bigparadela.com/wordpress/archives/1079#utm_source=feed&#038;utm_medium=feed&#038;utm_campaign=feed</link>
		<comments>http://www.bigparadela.com/wordpress/archives/1079#comments</comments>
		<pubDate>Fri, 12 Mar 2010 23:27:39 +0000</pubDate>
		<dc:creator>Dan</dc:creator>
				<category><![CDATA[Bananas]]></category>
		<category><![CDATA[Banana Australia]]></category>
		<category><![CDATA[Banana Price Watch]]></category>

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		<description><![CDATA[It&#8217;s been a while since I&#8217;ve posted; lots of travel. I&#8217;m in Sydney, Australia right now, and I&#8217;m surprised at the wide variety of banana prices here. Australia is a major banana-growing nation, so it doesn&#8217;t need to import (though banana disease might change that.) In a one-hour walk through town, I saw some pretty divergent costs. What&#8217;s key &#8211; see the analysis at the end of this entry &#8211; is that Aussie prices probably, for better and worse, reflect our banana future. First up, the above fruit, at five for 5.00. That&#8217;s not per kilo, that&#8217;s per fruit. With the Aussie dollar trading about even with U.S. currency, that&#8217;s the A NEW RECORD for fruit sold at a standard market &#8211; over $10USD per pound, and that&#8217;s a &#8220;special.&#8221; (Maybe my math is wrong. Let me know; I&#8217;m comparing at six ounces per fruit.) Compare that to Trader Joe&#8217;s, in the U.S., which sells bananas &#8211; imported from Latin America &#8211; five for a single buck. These go for $3.49 per kilo, or $1.58 per pound. Using the standard index of six ounces per fruit, that&#8217;s a pricey 59 cents per. Ouch. This bunch, at the equivalent of 90 [...]]]></description>
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		<title>Cheap Walmart bananas in UK; Fair Trade in U.S.</title>
		<link>http://www.bigparadela.com/wordpress/archives/877#utm_source=feed&#038;utm_medium=feed&#038;utm_campaign=feed</link>
		<comments>http://www.bigparadela.com/wordpress/archives/877#comments</comments>
		<pubDate>Sun, 11 Oct 2009 15:00:56 +0000</pubDate>
		<dc:creator>Dan</dc:creator>
				<category><![CDATA[Bananas]]></category>
		<category><![CDATA[Banana Price Watch]]></category>

		<guid isPermaLink="false">http://bigparadela.com/wordpress/?p=877</guid>
		<description><![CDATA[You&#8217;ll have to go to the U.K., but there&#8217;s apparently a banana price war happening &#8211; the ASDA supermarket chain has been cutting prices on the fruit for weeks now. Currently, the fruit runs at 38 pence per kilo, which comes out to about 30 cents (U.S.) per pound. That&#8217;s the lowest I&#8217;ve ever seen for a supermarket fruit &#8211; and ASDA offers home delivery.  The Sun &#8211; Britain&#8217;s raciest and most awesome daily paper thinks this is big news, too, reporting that other chains are really, really peeved. It shouldn&#8217;t come as a surprise that the chain is owned by Walmart, which has &#8211; in the U.S. &#8211; undercut Chiquita and Dole by sourcing its own unbranded fruit, and has added a new twist to the strategy by offering Fair Trade product in 100 of its stores, according to an announcement made last week. (I&#8217;ve got issues with Fair Trade &#8211; more on that next week.)]]></description>
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		<title>Banana (High) Price Watch</title>
		<link>http://www.bigparadela.com/wordpress/archives/533#utm_source=feed&#038;utm_medium=feed&#038;utm_campaign=feed</link>
		<comments>http://www.bigparadela.com/wordpress/archives/533#comments</comments>
		<pubDate>Wed, 05 Aug 2009 19:34:20 +0000</pubDate>
		<dc:creator>Dan</dc:creator>
				<category><![CDATA[Bananas]]></category>
		<category><![CDATA[Banana Price Watch]]></category>

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		<description><![CDATA[Starbucks, Los Angeles: At 90 cents, we&#8217;ve got a record for a non-airport banana. This is the second-cheapest item on the Starbucks snack menu (after vanilla mini-scones, at 75 cents.) I was told the fruit is not a big seller, and that a cursory check of the dumpster after closing time would prove this. The banana price is seen as too high, I&#8217;m guessing, even at a place where the customers seem willing to purchase donuts for a buck and a half, which I&#8217;m sure is unconstitutional. [Posted with iBlogger from my iPhone]]]></description>
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		<title>Record-Shattering Banana Price Drop in LA!</title>
		<link>http://www.bigparadela.com/wordpress/archives/500#utm_source=feed&#038;utm_medium=feed&#038;utm_campaign=feed</link>
		<comments>http://www.bigparadela.com/wordpress/archives/500#comments</comments>
		<pubDate>Thu, 30 Jul 2009 19:08:49 +0000</pubDate>
		<dc:creator>Dan</dc:creator>
				<category><![CDATA[Bananas]]></category>
		<category><![CDATA[Banana Price Watch]]></category>

		<guid isPermaLink="false">http://bigparadela.com/wordpress/?p=500</guid>
		<description><![CDATA[With supermarket prices still hovering at around 79¢ a pound in Southern California, the traditional bargain spot for the banana lovers has been Trader Joe&#8217;s, where the fruit is sold individually at 19¢ each (that comes out to about a half buck a pound &#8211; see my earlier post on TJ&#8217;s pricing strategy.) But there are cheaper ways to get bananas in L.A. At the city&#8217;s Grand Central Square Market &#8211; a sprawling version of the mercados common to most Latin American cities and villages &#8211; at least two vendors are battling it out with fruit at 33¢ per pound (that&#8217;s about 13¢ a banana.) It&#8217;s war at the Grand Central Square Market in downtown Los Angeles. These fruit stands are right across the aisle from each other. But a street vendor at the corner of Echo Park Avenue and Sunset Boulevard, just a couple of miles west, has them both  beat. His price of eight-for-a-buck (that&#8217;s the minimum purchase) comes out the same as the market, but he lets you pick and choose, so you can go bigger. Even when I let him select for me, I made out: my octomom-sized bag weighed in at 52 ounces, or less [...]]]></description>
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		<title>Banana Price Watch: 7-Eleven, Los Angeles</title>
		<link>http://www.bigparadela.com/wordpress/archives/17#utm_source=feed&#038;utm_medium=feed&#038;utm_campaign=feed</link>
		<comments>http://www.bigparadela.com/wordpress/archives/17#comments</comments>
		<pubDate>Tue, 21 Apr 2009 08:07:00 +0000</pubDate>
		<dc:creator>Dan</dc:creator>
				<category><![CDATA[Bananas]]></category>
		<category><![CDATA[Banana Chiquita]]></category>
		<category><![CDATA[Banana Economics]]></category>
		<category><![CDATA[Banana Price Watch]]></category>

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		<description><![CDATA[That&#8217;s my beloved local Sev. To zoom in, you&#8217;ve got to go there. So go. Interesting strategy at my favorite local convenience store, on the corner of Sunset Blvd. and Rosemont In the Silverlake neighborhood of Los Angeles (just steps from Dodger Stadium.) Instead of the typical branded, presented-in-a-box fruit Chiquita is selling in many U.S. convenience stores, the fruit here is bought at local supermarkets and sold in an ordinary basket. At the current price &#8211; 69 cents per banana &#8211; the store manager told me customers purchased a respectable fifty or so a day. Still, he thought he could do better, and was about to add a twofer, with a pair of bananas going for a buck.&#160; The DIY approach nets the local shop a considerable profit over Chiquita&#39;s all-in-one strategy, which involves a national distribution network of refrigerated product, each fruit with a sticker on it, to of about 13,000 convenience stores. Chiquita&#39;s suggested retail price for its product is 75 to 99 cents. The benefit, it says, is that that the&#160;controlled supplyand special packaging allows the fruit to arrive at the stores perfectly ripe &#8211; eliminating the need for store managers to spend time waiting for [...]]]></description>
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		<title>Banana Price Watch &#8211; New Record!</title>
		<link>http://www.bigparadela.com/wordpress/archives/22#utm_source=feed&#038;utm_medium=feed&#038;utm_campaign=feed</link>
		<comments>http://www.bigparadela.com/wordpress/archives/22#comments</comments>
		<pubDate>Thu, 05 Mar 2009 00:19:53 +0000</pubDate>
		<dc:creator>Dan</dc:creator>
				<category><![CDATA[Bananas]]></category>
		<category><![CDATA[Banana Price Watch]]></category>

		<guid isPermaLink="false">http://dankoeppel.wordpress.com/2009/03/04/banana-price-watch-new-record/</guid>
		<description><![CDATA[<div class="posttagsblock"><a href="http://technorati.com/tag/Banana%20Price%20Watch" rel="tag">Banana Price Watch</a></div>]]></description>
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		<item>
		<title>Mega-bargain Bananas &#8211; at a Gas Station?</title>
		<link>http://www.bigparadela.com/wordpress/archives/26#utm_source=feed&#038;utm_medium=feed&#038;utm_campaign=feed</link>
		<comments>http://www.bigparadela.com/wordpress/archives/26#comments</comments>
		<pubDate>Sun, 04 Jan 2009 12:28:04 +0000</pubDate>
		<dc:creator>Dan</dc:creator>
				<category><![CDATA[Bananas]]></category>
		<category><![CDATA[Banana Price Watch]]></category>

		<guid isPermaLink="false">http://dankoeppel.wordpress.com/2009/01/04/mega-bargain-bananas-at-a-gas-station/</guid>
		<description><![CDATA[<div class="posttagsblock"><a href="http://technorati.com/tag/Banana%20Price%20Watch" rel="tag">Banana Price Watch</a></div>]]></description>
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		<title>Shenanigans!</title>
		<link>http://www.bigparadela.com/wordpress/archives/50#utm_source=feed&#038;utm_medium=feed&#038;utm_campaign=feed</link>
		<comments>http://www.bigparadela.com/wordpress/archives/50#comments</comments>
		<pubDate>Sat, 13 Sep 2008 12:25:32 +0000</pubDate>
		<dc:creator>Dan</dc:creator>
				<category><![CDATA[Bananas]]></category>
		<category><![CDATA[Banana Chiquita]]></category>
		<category><![CDATA[Banana Dole]]></category>
		<category><![CDATA[Banana Price Watch]]></category>

		<guid isPermaLink="false">http://dankoeppel.wordpress.com/2008/09/13/shenanigans/</guid>
		<description><![CDATA[The new record holder, blocks from my house. A buck and a half a pound for what? &#8220;Very sweet&#8221; bananas? Not even organic. These were at the weekly farmers market held on Sunset Boulevard in the Silverlake neighborhood of Los Angeles. The genuine fresh produce offered there is great (this week, the strawberries were awesome), but I wonder whether shoppers have any clue that the bananas sold here &#8211; for double the price of what they cost at the Von&#8217;s market five minutes away &#8211; are exactly the same as what they&#8217;d get at that major supermarket. Sweetness is a function of ripeness and travel time. These pricey fruit came from the same Latin American plantations, on the same boats, and via the same trucks that every other banana sold in the U.S. does. The vendor probably peeled off the Chiquita (or Dole, or other major importer) labels. Good news for my shopping neighbors: Pineapples &#8211; at $4.50 each (upper right) &#8211; are a bargain. Vons charges $4.99.]]></description>
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