What to expect from Horticulture production in 2023 according to Rural Bank research
High production costs are continuing to squeeze grower margin but demand will keep fruit and vegetable prices above long-term averages Low irrigation costs and improving growing conditions will drive strong fruit and nut production in the first half of 2023. Vegetable producers are expecting some short-term supply shortfalls following a challenging spring and summer planting […]
Fruit and vegetable prices are expected to rise further over the short term
Above average rainfall will drive increased production across most states but produce quality may be impacted as a result The Rural Bank’s Australian agriculture mid-year outlook outlines how a wetter than average winter and low water prices will continue to support above average horticultural output over the coming six months. The Rural Bank’s report says […]