BC Tree Fruits Collective announced its sudden closure on Friday, sending its member farmers scrambling to find new ways to get their produce to market.
The BC Tree Fruits Cooperative will no longer be accepting fruit as of Friday. The company announced crop losses, weather challenges, and a difficult market forced the Board of Directors to make the decision to shut down. Victoria Femia reports.The logo has been well-known throughout British Columbia and even across Canada for decades: a green leaf emblazoned with the words
The letter continued, saying “On July 25, 2024, the board of directors determined that due to extremely low estimated fruit volumes and difficult market conditions, the cooperative would not be able to effectively operate the business and provide pool returns to growers. “This is a very unfortunate situation, and we are working with our lenders and advisors as we embark on this process. We respectfully ask for your patience as we navigate through the process.”Click to share quote on Twitter: "This is a very unfortunate situation, and we are working with our lenders and advisors as we embark on this process. We respectfully ask for your patience as we navigate through the process.
The news comes after three tough seasons for fruit growers, beginning with the heat dome that cooked the province in 2021. Following that were more heat and drought concerns, wildfires, smoke issues and January’s sudden cold snap that damaged this season’s stone fruit crop.
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