Loading…
Australian vegetable growers report rising production input costs, including fertilizer, fuel, chemicals and freight. The Australian Bureau of Statistics reported underlying inflation rising to 2.1 percent, and industry experts expect cost increases to last 12-18 months.
Persistent input cost inflation may force growers to cut output or accept losses, but the impact on feed grain prices is limited because the story centers on fresh vegetables.
ausveg.com.auNov 24, 2021Not 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.
