40% cut in canned peach and pear intake by Australia's largest cannery, SPC Global, due to cost-of-living crisis and increased demand for cheaper imports.
Australia's largest cannery, SPC Global, cuts canned peach and pear intake by 40% due to the cost-of-living crisis and increased demand for cheaper imported alternatives from countries like South Africa and China. The decision may force local fruit farmers to consider pulling out or pruning back trees, dropping fruit on the ground, or switching to other plantings. SPC hopes that pear and peach volumes will return to normal levels in 2026, while sourcing of apples, apricots, and plums remains unchanged.
June 05, 2024
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