The upward trend is likely to continue for the price of potatoes in UK

Published 2024년 5월 16일

Tridge summary

A report by Mintec and analyst Harry Campbell highlights the factors contributing to the surge in potato prices in the UK. The high prices are largely due to lower stocks following a small harvest in 2023 and an anticipated delay in the 2024 harvest season, which is expected to be around two weeks later due to better May weather conditions. As a result, the reference price for 'White Packing' English potatoes has seen a 90% increase, and the price for 'White Packing' English potatoes Maris Piper has risen by 120% compared to the previous year. Despite the potential for improved planting progress and similar cultivated area to 2023, the overall outlook remains grim for those needing to purchase potatoes, with prices continuing to climb significantly.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

England 05/16/2024 In the United Kingdom, several factors combine to keep high potato prices on the rise. According to a report published by Mintec and compiled by analyst Harry Campbell, potato prices remain high in the UK due to lower stocks following the small 2023 harvest and the anticipated delay in the harvest season following a delay in the planting period. MBP (Mintec Benchmark Prices) reveals that the reference price for 'White Packing' English potatoes has varied by +90% compared to 1 year ago, and that the reference price for 'White Packing' English potatoes Maris Piper' varied by +120% year-on-year. Due to more favorable ...

Source: Fructidor