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Plentiful pumpkins sees price plummet

July 28, 2024
in Business
Plentiful pumpkins sees price plummet
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Ben Buchanan with this year's pumpkin harvest.

Ben Buchanan with this year’s pumpkin harvest.
Photo: Foodstuffs

A bountiful crop of pumpkins this year means prices have fallen, great news for consumers but not the best for growers.

StatsNZs latest data shows pumpkin prices were down 57 percent in June compared to the same month last year.

Foodstuffs North Island’s Head of Meat and Produce Brigit Corson said whole crown pumpkins, one of New Zealand’s most popular varieties with its large size offers a huge amount of value for customers.

“It’s fantastic to see pumpkins back on the shelf at great prices for Kiwis, Cyclone Gabrielle wiped out a lot of the crop in 2023 and they were in short supply leading to higher-than-normal prices

“This year has been the complete opposite, with amazing growing conditions delivering huge yields, resulting in pumpkins at large sizes, so one pumpkin is going to go a very long way.”

Corson said prices depend on the size of pumpkin but said prices range from $2.99 to $4.99.

She said while good buying for the consumer, the bountiful crop does mean prices are down for growers.

“Produce is all about supply and demand , so there has been more for growers to sell but at a lower price, that’s how the market works.”

Unearthed Produce was a local supplier of pumpkin for Foodstuffs North Island’s stores, general manager Ben Buchanan said it’s been pleasing to see the pumpkin crop rebound after last year’s weather events impacted the growing season.

“Pumpkins are highly dependent on natural environmental factors and prevailing growing conditions.

“With this year’s great growing conditions-including an optimal combination of heat, sunlight and timely rain, we’ve achieved solid pumpkin yields and there’s good supply across New Zealand.”

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Copyright for syndicated content belongs to the linked Source : RNZ – https://www.rnz.co.nz/news/country/523193/plentiful-pumpkins-sees-price-plummet

Tags: businessPlentifulPumpkins
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