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ABC News
ABC News
Business

Bega cuts peanut prices paid to Australian farmers, blaming availability of cheap imports

Peanut butter giant Bega Foods says it will cut the price it pays for Australian peanuts due to the availability of cheap foreign imports.

In a statement, executive general manager Adam McNamara said the drop was necessary to ensure the industry was competitive, but growers fear it could make it harder for consumers to buy Australian-grown.

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