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AUSVEG reports that Australian vegetable growers face rising input costs, including a 3.5% minimum wage increase and a superannuation rise to 12%. It also says fertiliser and fuel prices have swung sharply because of Middle East conflict.
Weather has been mixed, with flooding in some areas and drought in others.
Higher fertilizer and fuel costs squeeze Australian grower margins, but the effect on feed commodity prices is limited because the story centers on horticultural inputs.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.