latest news in Del Monte

California Peach Farmers Uproot 420,000 Trees Following Del Monte's Financial Collapse

California Peach Farmers Uproot 420,000 Trees Following Del Monte's Financial Collapse

Sacramento, Friday, 8 May 2026.
After Del Monte’s bankruptcy erased $550 million in contracts, California farmers are using $9 million in federal aid to destroy 420,000 peach trees, highlighting severe agricultural supply chain vulnerabilities.