Lettuce prices skyrocketing in Australia

Published 2022년 6월 8일

Tridge summary

The article explores the significant rise in the prices of lettuce and other vegetables in Australia, with some examples showing prices as high as $11.99 for a head of iceberg lettuce, more than four times the usual price. The increase in costs over the past decade has been steep, with data from AUSVEG demonstrating a doubling of costs between 2006 and 2016. The recent surge is largely attributed to the hike in diesel prices, which is part of the broader impact of Russia's invasion of Ukraine on global logistics. Additionally, the supply of fresh produce has been disrupted by severe flooding in Queensland and New South Wales, leading to shortages of various items like tomatoes, zucchini, beans, and broccolini in supermarkets. Woolworths has reported inflation in vegetable prices but deflation in fruit prices for the first quarter of the year, with an overall price increase of 2.7 percent.

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Original content

In certain places in Australia, lettuce prices are skyrocketing. Twitter users are posting photos of iceberg lettuces for $10 and $11.99, well above the more usual $2.80. But it is not just lettuce. The peak body for Australian vegetable producers, AUSVEG, says between 2006 and 2016, costs - and most likely prices - more than doubled. According to theconversation.com, some of what’s happening now is due to transport. Vegetables are moved by truck and are sensitive to diesel prices, pushed high by Russia’s invasion of Ukraine. A US Department of Agriculture study found a doubling in the diesel price would lead to a short-term increase in wholesale prices of 20% to 28%. FloodingDue to the devastating flooding in Queensland and NSW, the supply of fresh produce has been sporadic, especially for leafy greens. As a result, many major supermarkets have been stripped bare in their fresh produce aisles. Truss, gourmet, cherry and solanato tomatoes, zucchini, beans, and ...

Source: Hortidaily