Australian growers see SPC's Woolworths deal as a first step

03/12/2014 | Age (Melbourne, Australia), The

Australian fruit growers welcomed the news that processor SPC Ardmona had signed a five-year supply deal with retailer Woolworths, but some say the $70 million contract alone isn't enough to sustain the business long term. "At least now they are selling into supermarkets at roughly break even, but of course in the long-term that isn't sustainable either. They've got to return a profit," said fourth-generation grower Gary Godwill.

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Age (Melbourne, Australia), The

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