General
Fruit and veg prices tipped to rise as ABARES says value of farm produce to hit $65bn for 2020-21
Shoppers should expect the price of fresh fruit and vegetables to rise and red meat to fall as farmers are expected to record their most valuable year yet.
Key points:
- Australian farmers are on track to produce a record $65 billion of food and fibre in 2020-21
- The value of farm exports falls by 7 per cent to $45 billion due to COVID-19, domestic stock rebuild, and China trade sanctions
- Consumers are warned the price of fresh fruit and veg is to rise as the horticulture sector struggles without harvest workers
The latest from Government commodity forecaster ABARES shows summer vegetables, stone fruit, apples, pears, and grapes could all be 15 to 25 per cent more expensive due to a shortage of harvest workers.
In the short term, imported fruit…
-
Noosa News14 hours agoThe Latest Trailer for ‘Squid Game’ Season Three Is Here — and “No Matter How You Look at It, Life Is Just Unfair”
-
General22 hours agoChris Bowen must be sobbing over Albanese’s AI deal
-
Noosa News15 hours agoComing Soon: The Malibu Barbie Cafe Is Popping Up in Australia for the First Time, Complete with a Cocktail-Slinging Ken-Themed Bar
-
Noosa News12 hours agoQueensland man charged with torture of seven-week-old baby boy