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

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

For many warm weather fruit lovers, the prospect of unlimited ripe and rosy peaches is mouth-watering. For Central California farmers, it’s more of a waking nightmare. To make ends meet, these farmers are now weighing whether to destroy about 3,000 acres, or about 420,000 clingstone peach trees, following the closure of Del Monte Foods canneries earlier this year. With the shuttering of the Modesto Del Monte plant, which processed between 30% an…

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 said cutting about 50,000 tons of peaches from production could prevent about $30 million in additional 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 [...]

Del Monte bankruptcy prompts massive peach tree removal in California

California peach growers will remove 420,000 trees after Del Monte closures, with USDA approving up to $9 million in relief aid.