Information for fruit and vegetables business in CIS
Ukrainian potato growers satisfied with record high prices
According to Fruit-Inform, Ukrainian growers of early and middle-season potatoes are satisfied with prices for their produce, which, for the present, exceed all optimistic expectations: current potato price levels are record high for the middle of July.
“Current wholesale prices of potatoes average UAH 3.50/kg (EUR 0.34/kg). A week ago, they even exceeded UAH 4/kg (EUR 0.38/kg), the highest level for this period ever”, says Ms Tetiana Getman, Head of Fruit-Inform. “Two seasons of low prices for ware potatoes led to significantly lower number of farmers interested in growing this crop. Furthermore, the price level of UAH 1/kg (EUR 0.10/kg) in July last year negatively affected a number of those interested in growing early and middle-season potatoes”.
Current prices are 3-4 times higher compared with the previous season and 40% higher compared with price levels in July 2011 (previous record). Average potato price in the mid-July over the past 9 seasons amounted to UAH 1.58/kg (EUR 0.15/kg), therefore current price levels are at least three times higher.
We would remind you that more information about current developments and future prospects in the Ukrainian and Russian fruit and vegetable markets is available for subscribers of Fruit-Inform Weekly service package.