A report released on Friday has shown the combined effects of a rise in the quantity of vegetables sold and higher vegetable prices led to a 51 per cent increase in farm cash incomes for vegetable farms, on average, in 2006-07.
However, the costs associated with vegetable production rose substantially, especially in relation to fuel and fertiliser, in 2007-08.
This and lower prices for vegetables are likely to have adversely affected the financial performance of vegetable growing farms in 2007-08.
The report, Australian vegetable growing farms: an economic survey, 2006-07, was released by ABARE, executive director, Phillip Glyde, and Horticulture Australia Limited (HAL), managing director, John Webster.
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