Two major Australian fruit and vegetable industry bodies have accused Woolworths and Coles of engineering an oversupply of fresh produce to ensure supply and drive down prices.
Farmer groups are imploring the consumer and competition watchdog to scrutinise whether supermarkets are deliberately asking growers to oversupply fruit and vegetables in a move they say both guarantees supply and drives down prices for the grocery retailers.probe into the supermarket sector’s pricing practices
“This potential practice of deliberate market manipulation, if substantiated, is perhaps one of the most serious interferences by supermarkets in the efficient and fair functioning of fresh produce markets,” the“Without any policing, there is a clear commercial incentive for the supermarkets to undertake such activity.”
Further exacerbating this issue, the grower groups say, is the nature of many agreements between suppliers and supermarkets, which the QFVG said are often not contracts but supplier agreements, and sometimes no formal agreements at all. Woolworths pointed to its own submission to the ACCC inquiry, which said growers are given long-term forecast estimates on volumes required.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
‘Deliberate manipulation’: Do supermarkets order too much fruit and veg on purpose?Two major Australian fruit and vegetable industry bodies have accused Woolworths and Coles of engineering an oversupply of fresh produce to ensure supply and drive down prices.
Read more »
Two decades on, the Central Coast Mariners are a miracle of Australian sportThe A-League’s smallest club has survived a series of near-death experiences over nearly 20 years to become an underappreciated gem of the national sporting scene.
Read more »
Two decades on, the Central Coast Mariners are a miracle of Australian sportThe A-League’s smallest club has survived a series of near-death experiences over nearly 20 years to become an underappreciated gem of the national sporting scene.
Read more »
Two decades on, the Central Coast Mariners are a miracle of Australian sportThe A-League’s smallest club has survived a series of near-death experiences over nearly 20 years to become an underappreciated gem of the national sporting scene.
Read more »
Australian airline reveals new route between two major citiesRex Airlines has announced it will add a new route to its growing domestic service due to a rise in demand and popularity from Australian travellers.
Read more »
– Beechworth Bitters Co and Forêt Pastis are two new Australian brands worth tryingChartreuse, that venerable herbal blend is hip once more, prompting other producers to get in on the act – including two new Australian brands.
Read more »