New Zealand growing cheaper fruit and vegetables due to 'superb' growing conditions

Published May 8, 2024

Tridge summary

New Zealand is experiencing a significant decrease in the prices of fresh fruits and vegetables, with costs dropping by 25 percent compared to last year, to levels not seen in several years, even pre-dating the COVID-19 pandemic. This surge in produce, attributed to favorable growing conditions, has resulted in oversupply and lower prices, despite the financial strain it has caused for growers due to costs exceeding production values for many crops. United Fresh New Zealand president Jerry Prendergast emphasized the benefits for consumers but called for increased vegetable consumption to offset the oversupply and support growers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Idyllic growing conditions have led to fresh fruit and vegetable prices dropping 25 percent compared to this time last year - and they are now at prices not seen for several years. United Fresh New Zealand president Jerry Prendergast said for the past 10 months, apart from a late summer drought in Horowhenua, growing conditions around the country have been "incredible". Rain and warm sunshine have arrived "enqueue". "We're seeing again the ability to plant vegetables, and to harvest vegetables in conditions that have been superb," he said. Yields have been massive and the normal losses in a system where plants may die off, just had not happened. The result was a massive over supply and lower prices. "I can assure you, if you're a consumer, it's a consumer's market, in terms of the value. "I've not seen the value of fruit and vegetables, in particular the green leaf vegetables and root vegetables, I've never seen the value at the levels that we are seeing now, since pre-Covid - ...
Source: Newshub

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