This is an extract from an article on the Woolworth's website, all supermarkets know that Australians want fresh local produce...
"WA avocado producer Jennie Franceschi said growers involved in The Avolution had significant areas of new trees which would come into production in coming years, bolstering local supplies and reducing the need for avocado imports from New Zealand.“By working together we can all achieve a better result, Jennie said of The Avolution’s supply relationship with Woolworths. “We want to work with retailers to make sure the customer receives the quality of avocado that they are looking for.Woolworths’National Manager for Produce Paul Harker said some 96 per cent of fresh fruit and vegetables sold in Woolworths stores is Australian grown, with the company sourcing local product wherever possible.“Australia produces the best fruit and vegetables in the world and that’s why Woolworths always looks locally for fresh, high-quality produce, Paul said. “It is only in lines where sufficient volumes are not available that we are forced to look overseas."
I'm unsure of Costa's position on the alliance, but either way, there's enough new good quality avos coming online on Australia not to need any imports! Local competition will more than likely keep prices low for the consumers and could force smaller producers out even.
CGC Price at posting:
$2.76 Sentiment: Hold Disclosure: Held
