Aussie Avocados: Bumper Crop, Low Prices
Sydney News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Australias avocado growers are facing a surplus due to a record-breaking harvest, leading to prices dropping as low as 90 cents per fruit. Exports to Asia have doubled in the past five years, with demand booming in countries like Singapore, Hong Kong, and Malaysia. Despite the low prices, consumers are buying more than ever, but growers are struggling to cover production costs. The oversupply has led to a tough season for farmers, but retailers are keeping prices steady and featuring avocados prominently.
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