Food prices could fall as drought eases

by 5m Editor
16 July 2007, at 10:10am

AUSTRALIA - Families could pay less for their Christmas dinner this year as the drought eases throughout NSW, state Primary Industries Minister Ian Macdonald says.

Announcing the best drought figures since May last year, Mr Macdonald on Sunday said a bumper winter crop had been planted and if harvested food prices should fall "by Christmas".

"Farmers have planted a record crop ... the highest since 1983," Mr Macdonald told reporters in Sydney.

"If this crop can be harvested later in the year following follow-up rain ... we could see an easing in the prices of foodstuff in NSW.

"Meat, pork, poultry and eggs would all ease."

Source: The West Australian

5m Editor