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1 Nov 2024 13:56
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  •   Home > News > Business

    Fresh vegetable prices could go through the roof - if changes to freshwater management go ahead

    Fresh vegetable prices could go through the roof - if changes to freshwater management go ahead


    A new report from the Institute of Economic Research reveals a head of broccoli could jump to 27 dollars a kilo, or nine dollars a head - under proposed regulations to reduce nitrogen run-off.

    It finds the vegetable production could be severely impacted depending on how councils interpret and translate the new rules.

    It draws on research estimating a 20 percent reduction in vegetable supply could push prices up at least 20 percent.

    Chief economist Chris Nixon says we need targeted reforms that support our environmental goals and food affordability.

    © 2024 Newstalk ZB, NZCity

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