There is no reason for the price of potatoes to rise to UAH 50 per kg — the Ministry of Agrarian Policy of Ukraine

Published 2024년 10월 25일

Tridge summary

The article addresses concerns about potential significant increases in potato prices in Ukraine, refuting claims of an impending 50 UAH/kg price, stating that the current prices already cover costs and enable imports. Despite a 18% decrease in the potato harvest due to drought, the current prices are considered sufficient. The government believes that imported potatoes, in small volumes, help stabilize prices and note that there is no expected reduction in price. In fact, a 15% increase is anticipated closer to spring due to storage costs.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

There are no grounds for predicting a potato price of 50 UAH/kg, since the current price already covers the cost price and allows import. This conviction was expressed at a briefing in the Ukraine media center by the First Deputy Minister of Agrarian Policy and Food of Ukraine Taras Vysotsky, Ukrinform reports. “Currently, potato prices are as follows: 20 UAH/kg – wholesale price, and 30 UAH/kg – retail, which have been constant for two weeks. We believe that they will not change. There is no reason for a price of 50 UAH/kg. The current price is sufficient to cover the cost price even in the conditions of decreasing yields, and it also allows import,” Vysotsky said. According to him, the potato harvest has decreased by 18%, or 4 million tons, compared to last year, which is significant in terms of the country. He explains the decrease in the harvest by the impact of drought, which also affected prices. Read also: Potatoes in Ukraine continue to rise in price: prices are almost ...
Source: Eastfruit

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