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The price for early potatoes has collapsed in Russia

Given the harvesting in the southern region, prices for potatoes of the new harvest in Russia have dropped sharply since the beginning of this week, according to analysts of the EastFruit project. According to the daily monitoring of the project, harvesting of early potatoes is now in full swing in the Krasnodar and Stavropol regions, as well as in the Astrakhan and Rostov regions.

In this regard, the supply of potatoes on the market has grown sharply, and their prices have fallen to 16-25 RUB/kg ($ 0.22-0.35/kg) since the beginning of the week, which is on average 27% cheaper than at the end last work week.

According to key market players, forecasts for local potato growers are not optimistic. On the one hand, there are not strong, but periodic rains in many regions of the Russian Federation this week. This creates good preconditions for the growth of potatoes. On the other hand, the increasing supply of potatoes on the market is likely to further reduce the selling prices in this segment.

To date, selling prices for potatoes in Russia have already dropped to the level of last year in the same period. Moreover, most producers believe that prices will continue to decline next week, as the supply of early potatoes will continue to increase every day.

EastFruit

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