While strawberry prices go sky-high at one end of the country, at the opposite, bananas are selling for as little as 15 cents each.

In South Australia, recent storms have damaged strawberry crops and created shortages, while in far-north Queensland, perfect hot and humid growing conditions have led to an oversupply.

Margy Abbot, from AMJ Produce, told The Advertiser standard 450gram punnets of strawberries were selling at wholesale prices for $7 each - and she's warned they could go up, while being of poor quality.

Storms in South Australia have wreaked havoc with strawberry crops, creating a shortage and driving up prices, while in Queensland, perfect growing conditions have led to an oversupply of bananas an low prices (stock image)

Australian supermarkets are selling bananas for as little as $0.15 each, thanks to an oversupply of the fruit in the nation. This Queensland fruit market was advertising a 13 kilogram box of bananas for just $9 (stock image)

One South Australia strawberry supplier said margins on strawberries could tighten further, as there were reports of some growers losing seedlings for the next season as well as their last crop (stock image)

The price drop of bananas is thanks to ideal growing conditions in north Queensland (pictured), where 90 per cent of the nation's supply is grown (stock image)

Strawberries were likely to be sold as a 'service', with retailers breaking even or making a loss in the coming future, it was reported.

They were selling for $7.99 in at least one South Australian retailer, Foodland Frewville, last weekend, The Advertiser reported.

At the opposite end of the spectrum, regular Cavendish bananas are on sale for just $1.50 a kilogram at most fruit suppliers - a direct result of ideal weather in far north Queensland, where 90 per cent of the nation's supply is grown.

Australian Banana Grower’s Council Board member and banana grower Steve Lizzio told Daily Mail Australia the country presently had an oversupply of fruit.

'Growing conditions have been very favourable with warm and humid conditions continuing well into the month of May,' Australian Banana Grower’s Council Board member and banana grower Steve Lizzio said (stock image)

Strawberry supplier Margy Abbot expected prices to drop in about a month after the later-ripening harvests in New South Wales and and QLD became available (stock image)

'Growing conditions have been very favourable with warm and humid conditions continuing well into the month of May,' Mr Lizzio said.

Despite the oversupply situation, it could change rapidly with a change in weather, he said.

Back in SA, Ms Abbot said margins on strawberries could tighten further, as there were reports of some growers losing seedlings for the next season as well as their last crop, according to The Advertiser.

She expected the prices to drop in about a month after the later-ripening harvests in New South Wales and and QLD became available.

The last time banana prices surged was in 2011 when tropical Cyclone Yasi ripped through northern QLD, devastating banana crops and leaving behind an estimated $3.6 billion damage bill.

Banana prices soared to a staggering $16 per kilogram, inflating by nearly 800 per cent.

Similarly, Cyclone Larry in 2006 wiped out 90 per cent of the crops in north QLD and pushed banana prices up by 400 to 500 per cent.

'Severe tropical cyclones (STCs) are a massive worry financially and emotionally. STC Yasi and STC Larry wiped out about 80 per cent of the NQ banana crops and while it took 12 months for bananas to be back in full production, some growers took many years to recover financially,' Mr Lizzio said.

'For the small number of growers who were not affected by these STCs, they would have made money due to the lack of supply.'

Cyclone Yasi in 2011 (pictured) and Cyclone Larry in 2006 devastated banana crops in north Queensland. Prices surged to a staggering $16 a kilogram at the time (stock image)