California peach farmers brace for 420,000-tree purge after Del Monte collapse

TL;DR
Central California peach farmers will destroy about 420,000 clingstone peach trees after Del Monte Foods shut its Modesto and Hughson canneries, leaving around 50,000 tons of peaches without buyers. Federal officials approved up to $9 million in emergency aid to remove about 3,000 acres of orchards, a move expected to avert roughly $30 million in further losses and allow growers to pivot to alternative crops.
- California farmers to destroy 420,000 peach trees after Del Monte collapses The Independent
- Del Monte bankruptcy prompts massive peach tree removal in California USA Today
- An Iconic Fruit Company Went Bankrupt. Now, It’s Chopping Down 420,000 Trees inc.com
- 420,000 peach trees to be destroyed following Del Monte bankruptcy Yahoo Finance
- California farmers will destroy 420,000 peach trees after Del Monte closes canning facilities Fortune
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Read on The Independent