Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

KFC is facing a new threat

avatar
Amani koala wrote a column · Jun 17, 2022 03:39
Fast food giant KFC has been forced to put cabbage in its burgers and wraps in Australia as the country is struggling with a lettuce shortage.

Shoppers in Australia have been hit with soaring prices for some fresh fruits and vegetables. They have posted photos of lettuces costing A$10, three times the usual price.
KFC is facing a new threat
Now they're facing a new threat.

Whole cabbages are currently out of stock at Woolworths, with half cabbages selling for $3.50 a pop, or $5.20 for half an organic green cabbage. Over at Coles, a whole organic cabbage fetches $10, while mini red and Drumhead cabbages are listed for $5.90 each, and at Harris Farm, a whole cabbage will set you back an eye-watering $11.29.

There are fears that it too could soon become a luxury few can afford.

A Department of Agriculture spokesperson said due to the perishable nature of fruit and vegetables, prices were sensitive to supply side shocks such as flooding events.
In normal times fruit and vegetable prices tend to recover relatively quickly,"
the spokesperson said.
However, there are a range of inflationary pressures across the fruit and vegetable supply chain including increasing fertiliser and fuel costs and continued labour shortages in a tight labour market.”
With the price of cabbage and other leafy green veggies such as broccoli spiking, do you think they too could soon be pushed off menus?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
4
+0
Translate
Report
3246 Views
Comment
Sign in to post a comment
    Just an Aussie who’s interested in sharemarket
    86Followers
    5Following
    211Visitors
    Follow