ACCORDING TO EXPERTS, GROCERY PRICES WILL RISE EVEN MORE

 Food Storage was experienced by supermarket however expertise predict that things might get worse.

Due to third La Nina weather cycle which results in significant rainstorms, additional producer stress which may cause an unexpected price increase.

According to the report Economist for the national farmers federation have informed that there is shortage of 170,000 labours for processing and manufacturing sectors.

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According to Salardini they stated that if the food availability and cost won’t be handled properly then it will be a issue for coming 12 to 24 months.

Due to unexpected bad weather occurrence, global supply chain problems, and inflation have forced the processors to increase cost

As per the survey its stated that their will be price hike in chicken, cereals, Green leafy vegetables 30% as the cost of dairy products was increased.

Last year there was an increase in cost of cooking oil by 33% while the cost of milk, margarine was increased by more than 16-50 %.

The price of Iceberg lettuce was dropped by $2.50 from its record price $12.

On the east coast, a wetter than average spring means there is no guarantee of supply.

According to the survey their will be a price hike if there are unexpected flood in the upcoming three months to six months or if its still inappropriate rain at the time of harvest.

Even with a mild La Nina, more flooding events are predicted to occur across New South Wales, according to the Bureau of Meteorology.

It is advised to buy seasonal products and to get the greatest deals at farmers markets and neighbourhood fruit and vegetable shops.

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