Italy: The value of potatoes is growing

Published 2024년 1월 17일

Tridge summary

The Potato Stock Exchange analyzed the commercial situation of the sector in Italy and Europe, finding a shortage of quality potatoes for fresh consumption and processing industries due to low yields and adverse weather conditions. This shortage is leading to an increase in prices of around 10-15 cents per kilo for top quality potatoes, prompting the operators of the stock exchange to adjust the price of first quality potatoes to 0.54 euro/kilo for the 2023-24 production campaign. The national harvest is expected to run out soon, but new production, particularly from Sicily, is expected to provide a high quality alternative in the coming months.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In the Potato Stock Exchange session on 12 January 2024, the joint commission analyzed the commercial situation of the sector both in Italy and in Europe. The general shortage of quality potatoes for both fresh consumption and the processing industry is now evident throughout Europe. The scenery The commercial situation was favored by the low yields of some producing countries in the Mediterranean basin and by the difficulties in completing the harvest of tubers in Northern Europe, where the adverse climatic conditions of the last month (rain and frost) lead to higher losses being expected to 10% of the originally invested area. The national harvest, which is rapidly running out, thanks also to a decidedly dynamic market, will find a high quality alternative in new production, particularly Sicilian ones, in the coming months. Like what happens in other countries, this particular situation is generating an increase in the prices of the product in nature, which, as a consequence, ...
Source: Myfruit

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