New Zealand's fruit and vegetable prices rocketed in February

Published Mar 20, 2023

Tridge summary

In February, New Zealand saw a significant increase in the prices of fruits and vegetables, with a 23% rise marking the highest monthly increase in over 40 years. This surge is largely due to challenges faced by growers, including adverse weather conditions that particularly affected the production of export-quality kiwifruit, onions, pumpkins, and apples in the northern regions. Despite these setbacks, domestic supply and distribution networks have remained largely resilient. However, some green vegetables have been in short supply, and the ongoing inflation has led to a 12% increase in food prices compared to the previous year. This situation has been worsened by disruptions to planting and growing areas, including in Pukekohe and Horowhenua, with the extreme weather impacting the quality and quantity of key crops. Supermarket chains like Foodstuffs North Island and Countdown have been working closely with growers to manage these supply issues and have been sourcing produce from other regions and countries to maintain availability. Although the improved weather promises an abundant supply of greens and root vegetables soon, consumers should anticipate higher prices due to the increased input costs faced by growers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Fruit and vegetable prices rose a massive 23% in February – the highest monthly increase in more than 40 years – as growers weathered a season from hell along with higher costs. But the impact on northern growers from a wet, stormy summer will be felt even more keenly as they are left with low volumes of export-quality kiwifruit, onions, pumpkins and apples. Jerry Prendergast, the president of the pan-product industry group United Fresh, said despite northern fresh fruit and vegetable growers taking a battering, domestic supplies and distribution networks stood up reasonably relatively well. While consumers paid more for fruit and vegetables, there were shortages of some greens and it is estimated 70% of the Northland kumara crop has been washed out by flooding. Stats NZ reports food prices overall were 12% higher in February than a year earlier, with grocery food the largest contributor, although tomatoes (117%) and potatoes (48%) rose sharply, along with broccoli and lettuce. ...

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