According to EastFruit analysts, negative trends in the Ukrainian raspberry market continued last week, which led to the refusal of several medium-sized farms to continue harvesting berries from their orchards.
Farmers believe that the procurement prices of Ukrainian raspberry freezers do not cover the costs of harvesting, so it is better for them to let the berries fall to the ground than to continue harvesting. This decision has not yet affected the prices of raspberries for freezing in the country, because many small producers who do not hire raspberry pickers, continue to harvest them and sell for processing. In addition, the majority of large and medium-sized farms continue to harvest raspberries, which means that the supply of these berries remains quite high.
One of the reasons for low prices for raspberries, according to market participants, is caused by the efforts of market participants to minimize their risks. It has even led to the creation of a new category of raspberries in foreign trade called “frozen raw material of raspberries”. As a result, it turns out that Ukrainian freezers procure raspberries for processors in Poland, who receive the main added value, however, at the same time, they also take many of the risks.
In the meanwhile, certain positive trends have emerged on the Ukrainian fresh raspberry market. In particular, a 27% increase in the prices of fresh raspberries was noted on the wholesale trading platforms over the previous week. However, the volume of the fresh raspberry market is, unfortunately, much lower than the capacity of the frozen market, so this trend is unlikely to have a significant impact on the economy of small-scale growers of Ukraine, who will surely remember this season as a very negative one.
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