Ecuadorian banana, Romero, signed a contract six months ago with representatives of Chiquita, which paid the official price of USD 5.50. "Suddenly they began to put obstacles and excuses for the poor quality of the fruit and they would reduce my quota. Until one day they stopped buying the 1 200 boxes a week. " http://www.elcomercio.com/pais/racimos-banano-quedan-campo_0_535746460.html 16/08/11
Couldn't read the report. However, in looking at CQB, their tangible bookvalue is $3.16. JMHO, based on this market, its anyone guess how much lower this can go. Last time I bought, was in the $6 range.