The climate divides Italy and affects prices and consumption

Published Jul 4, 2024

Tridge summary

Unstable weather conditions, including extreme heat and hailstorms, have led to fluctuations in the quality and quantity of various products in the market, causing significant changes in prices and consumption. Green tomatoes are in short supply, leading to a 20% price increase, while red tomatoes are becoming more affordable with a 50% price drop compared to last year. Green beans and radicchio are also affected, with prices down by 20% and 50% respectively. Peaches and plums are experiencing price drops due to high supply and quality issues, but prices are expected to rise after hailstorm damage in Basilicata. First local figs have arrived with high quality and high prices, and watermelons and melons are maintaining sales despite erratic demand. The weather forecast for next week promises stabilization, which is expected to bring more consistency in prices and consumption.

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

Original content

The unstable climate, the alternation of great heat and sudden hailstorms are the main factors that are affecting both the quality and quantity of some products present at the market in recent days, causing strong fluctuations in both prices and consumption. The anomalously hot atmospheric conditions that are affecting the production areas of the center and south have caused a strong shortage of all types of green tomatoes (oblong, ribbed) which have currently reached wholesale prices around +20% higher to those of last week. On the other hand, the red tomato is instead suffering a sharp decrease in prices, which stand at approximately -50% compared to the same period last year and thanks to the large volumes present on the market in the different types. The heat is also having a negative influence on the quality of green beans and radicchio, with prices falling by -20% for the former and almost -50% for the latter. Stable eggplants and peppers, maintaining the medium-low prices ...

Source: Agricolae