Richard Burke: LeaderBrand CEO says fruit and veg prices are heading back down as growers recover from Cyclone Gabrielle

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Recorded11 May 2023

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In the past 12 months, food prices have risen the most in 36 years - but one vegetable grower says they're heading back down. Food went up 12.5 percent in the year to April, including a 22.5 percent increase in prices for fruit and veg. But in just the month of April, fruit and veg actually also slid 2.9 percent. Leaderbrands CEO Richard Burke says Cyclone Gabrielle caused some delays. "We've been really trying to push volume a bit so we can get those values better, and what we're seeing is that product come to market now." LISTEN ABOVE See omnystudio.com/listener for privacy information.

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