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Australia: Farm costs up, vegetable returns remain stagnant - hortidaily.com

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Although the pandemic may have prompted an increased focus on, and consumption of, fresh produce, Australian vegetable growers haven't really profited heavily from this fact. Moreover, rising input costs over the same period have put extra financial strains on the sector.

A February 21 Ausveg Advocacy Update highlighted that vegetable and potato prices have remained stable over the past two years despite record rises in farm input costs. The latest data from the horticulture trend analysis program, Harvest to Home, showed retail prices for produce have remained at pre-pandemic levels while growers face increases of more than 40 percent in fertilizer, chemical, and fuel costs, and increases by more than 20pc in wages and even airfares.

It has prompted the vegetable lobby group to call for an increase in potato and vegetable prices.

"Ausveg is calling on retailers and buyers to ensure that farmgate prices that growers receive for their produce better reflect the current economic climate to ensure the financial viability of vegetable and potato producers," the organization said.


Source: northqueenslandregister.com.au

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