Food prices could fall as drought eases

AUSTRALIA - Families could pay less for their Christmas dinner this year as the drought eases throughout NSW, state Primary Industries Minister Ian Macdonald says.
calendar icon 16 July 2007
clock icon 2 minute read
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
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