Nearly 60 per cent of produce traded internationally is sold at breakeven prices or below the cost of production. That’s the conclusion of a new survey of suppliers published by the Global Coalition of Fresh Produce.
The coalition includes produce associations from around the globe, including the International Fresh Produce Association and the Canadian Produce Marketing Association.
The 12-page publication on producer costs and prices was based on a survey conducted during the first half of 2023 by the Global Coalition of Fresh Produce. The questions to suppliers asked about the impacts of rising costs in global supply chains for fruits and vegetables over the past two years, and potentially into 2024, as reported by The Packer.
