Bumper Australian crops unlikely to provide relief at the cash register
by Peter Hannam from on (#5ZVC2)
Despite farmers planting a record 24m hectares this year, higher fuel and fertiliser costs mean produce prices will remain high
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Australia is set for its third bumper season of crops in a row, but the increased production will probably bring little relief at the cash register as rising global demand pushes prices skyward.
Australian farmers will plant an area almost the size of England this winter as they try to take advantage of soaring global food prices and a third year of good rains.
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