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Fruit and veg prices tipped to rise as ABARES says value of farm produce to hit $65bn for 2020-21 – ABC News

Food and fibre set a new record to pull in $65 billion as Australian rebounds from drought, but a worker shortage is expected to raise supermarket prices in the…



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Shoppers should expect the price of fresh fruit and vegetables to rise and red meat to fall as farmers are expected to record their most valuable year yet.
Key points:

  • Australian farmers are on track to produce a record $65 billion of food and fibre in 2020-21
  • The value of farm exports falls by 7 per cent to $45 billion due to COVID-19, domestic stock rebuild, and China trade sanctions
  • Consumers are warned the price of fresh fruit and veg is to rise as the horticulture sector struggles without harvest…

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