Experts foresee new price increases in supermarkets

Food shortages have hit supermarkets but experts warn it could get worse.

With a third La Niña weather event and heavy downpours forecast and more pain for growers, price increases at the boxes could follow.

The chief economist for the National Farmers Federation, Ash Salardini, said there is a shortage of 170,000 workers on processing and manufacturing farms.

Food shortages have hit supermarkets but experts warn it could get worse.
Food shortages have hit supermarkets but experts warn it could get worse. (9News)

“If we don’t address food availability and affordability, it’s going to be an issue for 12 to 24 months,” Salardini said.

Global supply chain issues, inflation and extreme weather events have left many growers and processors with no choice but to pass on additional costs.

The price of poultry, cereals, green leafy vegetables and berries will increase, as will the price of dairy products, which will rise 30 percent.

According to comparison app Frugl, it has already started.

The price of cooking oil has risen more than 33 percent in the past year, while milk is up more than 16 percent and margarine 50 percent.

The price of poultry, cereals, green leafy vegetables and berries will increase.
The price of poultry, cereals, green leafy vegetables and berries will increase. (9News)

Lettuce is down from its peak of $12, with iceberg lettuce now $2.50.

However, a wetter-than-usual spring on the East Coast means supply cannot be guaranteed.

“If we have flooding in the next three to six months or if it rains at the wrong time, for example during harvest, expect to see shortages or price increases,” Salardini said.

The Bureau of Meteorology said that even with a weak La Niña, New South Wales is likely to see increased flooding across the state.

The advice is to buy what’s in season and shop at local fruit and vegetable stores, as well as farmers’ markets, which offer the best value.

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