Cherry continues to become cheaper in Ukraine

In Ukraine, cherries are becoming cheaper again. Producers are forced to lower prices in this segment due to a sharp deterioration in the quality characteristics of these stone fruits because of weather conditions. Analysts from EastFruit report on this. While last week the average wholesale prices for cherries in Ukraine did not fall below 140-200 UAH/kg ($3.37-4.81/kg), this week they began to drop sharply in the southern and central regions of the country. As of June 27, cherry producers are already offering the berry for sale at a price of 115-160 UAH/kg ($2.77-3.85/kg), which is on average 18% cheaper than a week earlier. "At the same time, most market operators note a fairly large percentage of substandard products this season. Heavy rainfall has noticeably reduced the quality characteristics of cherries, and the sales period for such berries is quite limited. In this situation, most producers have decided to lower the selling prices for these berries to accelerate sales in ...