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Friday, September 4, 2026 · UTC
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Drought Threatens to Double Banana Prices in Dominican Republic

Dominican banana producers warn severe drought could push unit prices to RD$50 by April 2027.

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Stands on 6 placed sources from 2 publishers.
As of 2026-09-04 21:30 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
Alex Cruz, president of the Dominican Banana Producers Association (Adoplátano), warned that banana prices could reach RD$50 per unit if the drought persists. [1] Banana prices are expected to maintain an upward trend until April 2027 due to the ongoing drought. [2] Current banana prices in some establishments are already around RD$25 per unit. [3] Alexander Cruz said plantain prices have been rising since September and are expected to continue increasing until April 2027. [4] Alexander Cruz urged Dominican authorities to take immediate action against the drought, which he attributes to climate change, and said producers do not want prices to spike. [5] The drought has caused banana prices to begin rising in September, earlier than the usual seasonal increase between November and February. [6]
What this stands on
  1. Alex Cruz, president of the Dominican Banana Producers Association (Adoplátano), warned that banana prices could reach RD$50 per unit if the drought persists. · Diario Libre
  2. Banana prices are expected to maintain an upward trend until April 2027 due to the ongoing drought. · Diario Libre
  3. Current banana prices in some establishments are already around RD$25 per unit. · Diario Libre
  4. Alexander Cruz said plantain prices have been rising since September and are expected to continue increasing until April 2027. · Hoy Digital
  5. Alexander Cruz urged Dominican authorities to take immediate action against the drought, which he attributes to climate change, and said producers do not want prices to spike. · Hoy Digital
  6. The drought has caused banana prices to begin rising in September, earlier than the usual seasonal increase between November and February. · Diario Libre
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