Australia’s Biggest Fruit and Veggie Producer Loses 900M After Demand For Avocados Plunges

Kelsey Wilkie, Daily Mail Produce January 14, 2019

Australians love for avocado appears to be slipping as the country’s biggest fruit and vegetable producer sees its share prices plunge. 

Costa Holding Group has taken a $900 million hit with the fruit and vegetable grower’s stock plummeting by as much as 40 per cent at Thursday’s open.

This comes shortly after the company cut its half-year forecast following a weaker demand for tomatoes, berries and avocados over the Christmas period. 

To read the rest of the story, please go to: Daily Mail

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