Australian lettuce producer predicts prices will fall

Published 2022년 6월 10일

Tridge summary

Australia-based lettuce producer, Fresh Select, expects a decrease in prices from next week due to heavy rainfall causing supply issues. Recent floods have damaged crops and slowed planting, leading to a significant supply gap. The only lettuce available in the market is one that survived the floods, resulting in high prices with a box of 12 lettuces selling to retailers for up to $100.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

One of Australia’s big lettuce producers forecasts that prices for the in-demand vegetable will begin to ease from next week. John Said, the chief executive of vegetable producer and supplier Fresh Select, said the recent heavy rain had a huge impact on the market. “We’ve had two floods. The first one, a while ago, has saturated our soils and made it very hard for us to plant. The second flood, not long ago, completely wiped out all the crops we had in the ground,” he said. Said added that replanting was causing a massive supply gap, with the only lettuce harvestable being those that had survived the floods. “We’re ...
Source: Hortidaily

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