Figure 1: Australian Harvest & Haulage Cost Index December 2023, Nominal
Sources: ABS, AIP, Margules Groome
Margules Groome’s quarterly harvest and haulage cost index for Australian plantation operations is based on price indexation mechanisms used by the industry, weighted by volume harvested (Figure 1). The previous index for September 2023 marked the end of the harvest and haulage cost indices’ downward trend, which was evident in the first half of 2023. The index fell slightly in the December quarter, driven by lower fuel prices.
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