Business
Macadamia nut prices down for 2021 due to pandemic, strong Aussie dollar – ABC News
Macadamia growers can rule out another year of record prices with a strong Australian dollar expected to deliver lower returns across the industry this season.
Macadamia growers can rule out another year of record prices with a strong Australian dollar expected to deliver lower returns across the industry this season.
Key points:
- The macadamia price has dropped by more than $1 after a year of record prices
- The peak industry body says there is still room for growers to make good profits
- A NSW grower says the new price is sustainable
After finishing up paying $6.20 last year, the country’s largest macadamia processor has announced a notional price of $5.10…
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