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Citrus price mark up is 835%!!!!

 
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JoeReal
Site Admin
Site Admin


Joined: 16 Nov 2005
Posts: 4726
Location: Davis, California

Posted: Tue 30 Oct, 2007 8:59 pm

http://www.abc.net.au/rural/news/content/2007/s2073153.htm


Citrus growers allege price mark-ups

Monday, 29/10/2007

Victorian citrus growers say supermarkets are marking-up fruit prices by up to 835 per cent, when there is no need for it.

With consumers being warned of a likely increase in the cost of fruit and vegetables, growers say supermarkets have pushed up prices, but none of the money is flowing back down the chain.

Chair of the Murray Valley Citrus Board, Robert Mansell, says there is still an oversupply of citrus fruit, so the jump is not warranted.

"If you talk from the grower to the supermarket shelf it's 835 per cent," he says.

"Now, in the middle of that you've got packers and transport and merchants etcetera, but from the grower it's a huge mark-up, and I just believe that it's just not the growers that are getting screwed here, or getting taken advantage of, it's the consumers as well".
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Davidmac
Citruholic
Citruholic


Joined: 26 Oct 2007
Posts: 149
Location: Havana, Florida zone8b

Posted: Tue 30 Oct, 2007 10:08 pm

Yikes a 835%markup!!!!
Well mate I guess I would have to skip the grapefruit for breakfast and slap some vegemite on toast instead! Hooroo
http://www.vegemite.com.au/vegemite/page?PagecRef=1
http://bearessentialsgraphics.com/images/vegesong.wav
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