A report reveals 34% of Australian vegetable growers may exit the industry due to rising costs.

A recent Ausveg report indicates that 34% of Australian vegetable growers may leave the industry within a year, citing rising costs, workforce shortages, and poor financial returns as key issues. Over 50% feel worse off compared to mid-2023, with labor costs averaging 38% of production expenses. Ausveg CEO Michael Coote warns that these challenges could lead to reduced output, higher prices, and increased reliance on imports, threatening Australia's food security.

November 02, 2024
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