'Best time to buy': Price of Aussie vegetables slashed by half

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'Best time to buy': Price of Aussie vegetables slashed by half
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The price of fresh vegetables has plunged, with analysts saying it's the best value seen in years.

Australians are being told to stock up on their vegetables this season, as prices plunge to record lows.

In the space of a year, the price of cucumbers and tomatoes has halved, and the prices of red capsicum, broccoli, white cauliflower, avocado and lettuce are seeing similar reductions.Vegetable prices have dropped to new lows. The vegetables that recorded the biggest price drops were tomatoes, which were being sold for $8.30 per kilo in 2021, compared to $4.21 per kg in 2023, and red capsicum which fetched $7.40 per kilo in 2021, compared to $5.16 per kilo in 2023.Michael Whitehead from ANZ Agri-Insights said now was the "best time" to be buying vegetables, as optimum weather conditions created an "oversupply" of stock.

Last year, the broccoli in her fields would have been worth $700,000, but this year it will fetch for $420,000.Velisha said consumers could help farmers through the period by buying more, and take advantage of the reduction in prices.

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