News
 
Banana prices set to drop October 19, 2011

Source: www.heraldsun.com.au

Story by: Angus Thompson

BANANA prices are set to be slashed Australia-wide to save customers grief on their grocery bills.

Woolworths will drop the price of bananas from $10.98 to $7.95 – a saving of more than $3 a kilo – despite crops not having fully recovered.

The supermarket giant’s General Manager of Fresh Food, Pat McEntree, said Woolworths was only receiving a fifth of the supply it saw before Cyclone Yasi.

"Australia's banana crop has not recovered as quickly as everyone would have liked.

"Not only were farmers hit by Cyclone Yasi in February but growing conditions over winter have been less than ideal.

To read the full story, follow this link: http://www.heraldsun.com.au/business/banana-prices-set-to-drop/story-fn7j19iv-1226170287752

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