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‘$2 again’: Vegetable prices set to drop as growers get back on track

After flooding devastated crops, Aussies saw prices of iceberg lettuce and other vegetables soar. But now there’s some good news on the way.

Cost of lettuce on the decline

There is finally some good news for your grocery bill, with the price of many vegetables expected to drop back to regular prices.

The change comes as growers begin to report that they are back on track with their crops after flooding earlier in the year devastated crops in NSW and Queensland, leaving empty shelves in supermarkets as well as fast food stores such as KFC having to substitute lettuce for cabbage in their burgers.

Coles lettuce prices on July 17 show costs are coming down but still aren’t at pre-crisis levels. Picture: Supplied
Coles lettuce prices on July 17 show costs are coming down but still aren’t at pre-crisis levels. Picture: Supplied

Speaking to the ABC, Mulgowie Yowie Salads director Shannon Moss said the price of vegetables – such as iceberg lettuce which peaked at around $12 a head at the height of the crisis – have remained high for so long because farmers essentially had to start from scratch.

“You have to remember a seedling in a nursery takes about four to six weeks to grow, then it’s another eight weeks in the ground to grow lettuce,” he said.

“So you’re looking at three to four months to grow any kind of lettuce.”

And while the industry still faces challenges caused by labour shortages, high fuel costs and fertiliser costs, the better weather has at least helped even out supply issues.

Mr Moss says he’s now back in the swing of things, producing about 30,000 cos lettuces a week which get sent out to Sydney, Melbourne and Brisbane.

Queensland’s Lockyer Valley, west of Brisbane, where floods earlier in the year wiped out vegetable crops. Picture: Supplied
Queensland’s Lockyer Valley, west of Brisbane, where floods earlier in the year wiped out vegetable crops. Picture: Supplied
The flooding in Queensland and NSW in February/March cost an estimated $4.3 billion in insured losses. Picture: Michael Nolan
The flooding in Queensland and NSW in February/March cost an estimated $4.3 billion in insured losses. Picture: Michael Nolan

“We’ve had nice weather where a lot of growers have got stock coming on,” Mr Moss said.

But while price drops are coming, Toowoomba-based greengrocer Bevan Betros warned people not to expect them to come down immediately.

“I don’t think they’ll get much cheaper just for the next week or two,” he told ABC. “They’ll get back down as the warm weather comes on, as we get into spring.

“We should be getting down under $2 again, hopefully in September.”

Read related topics:Cost Of Living

Original URL: https://www.news.com.au/finance/economy/australian-economy/2-again-vegetable-prices-set-to-drop-as-growers-get-back-on-track/news-story/bbddd0a257d52118b65b1c92eada4845