Business
Fruit and veg prices tipped to rise as ABARES says value of farm produce to hit $65bn for 2020-21 – ABC News
Food and fibre set a new record to pull in $65 billion as Australian rebounds from drought, but a worker shortage is expected to raise supermarket prices in the…
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…
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