Thursday, 11 October 2018 14:15

Vegetable prices fall

Written by 
Vegetable prices fell 8.7% in September, whilst meat and poultry prices rose 2%. Vegetable prices fell 8.7% in September, whilst meat and poultry prices rose 2%.

Vegetable prices fell 8.7% in September, with lettuce prices falling 45%.

Lettuces is now priced an average of $1.81 a head, says Statistics New Zealand. They were down 30% for the year.

“Prices reached an all-time high of $5.42 for a 500g head of lettuce in July 2018 due to poor weather. But since then we’ve had two major price falls, which meant lettuce prices reached an unseasonably low level this September,” consumer prices manager Geraldine Duoba said.

While lettuce averaged $1.81 a head in September 2018, at the same time last year the price was about 80 cents a head higher, at $2.59.

Vegetable prices fell 8.7% in September, influenced by lower prices for lettuce, tomatoes, and cucumbers. However, meat and poultry prices rose 2%, influenced by higher prices for beef and chicken.

Overall, food prices were almost unchanged in September 2018 (down 0.1%), but showed a slight rise after seasonal adjustment (up 0.3%).

In the year ended September 2018, food prices were also relatively unchanged (up 0.1%). This was driven by higher prices for ready-to-eat food (up 3.5%), and milk, cheese and eggs (up 2.2%). Prices decreased for vegetables (down 8.9%) and fruit (down 3.6%), which helped keep overall food inflation low for the year.

“After the poor weather and a reduced harvest in 2017, vegetable prices have returned to more typical levels for this time of year,” Du

More like this

Winners and losers

The main beneficiaries of the EU FTA will be kiwifruit, onions, honey, wine and seafood.

Trading challenges for NZ hort

NZ's horticultural exports have risen in dollar terms, but at the same time, percentage wise, the tariffs these incur have dropped by nearly two thirds since 2004.

Vegetable prices expected to ease

It is predicted that the monthly Food Price Index due to be released next week will show an easing in vegetable prices, with industry insiders saying the trend is set to continue as we head into winter.

Hort heads for new heights

Pretty impressive - that's how Agriculture Minister Damien O'Connor describes MPI's latest prediction that horticulture exports will hit the record $7 billion mark in 2023.

Featured

Vaccinate against new lepto strain

A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.

TV series to combat food waste

Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.

National

Celebrating success

The Director General of MPI, Ray Smith says it's important for his department to celebrate the success of a whole…

Cyclone's devastating legacy

One of the country's top Māori sheep and beef farms is facing a five-year battle to get back to where it…

Machinery & Products

Factory clocks up 60 years

There can't be many heavy metal fans who haven’t heard of Basildon, situated about 40km east of London and originally…

PM opens new Power Farming facility

Morrinsville based Power Farming Group has launched a flagship New Zealand facility in partnership with global construction manufacturer JCB Construction.

» Latest Print Issues Online

The Hound

Cut with care

OPINION: The new government has clearly signalled big cuts across the public service.

Bubble burst!

OPINION: Your canine crusader is not surprised by the recent news that New Zealand plant-based ‘fake meat’ business is in…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter