The Russian Ministry of Agriculture notes a decrease in producer prices for certain types of vegetables

Published 2024년 10월 30일

Tridge summary

The Russian Ministry of Agriculture has reported a decrease in the producer prices for certain vegetables such as carrots, cabbage, and beets, due to the new crop entering the market. The ministry is working to build long-term relationships between retail chains and suppliers from CIS countries to stabilize the prices on the vegetable market. Additionally, the ministry is implementing measures to support producers and providing preferential transportation of vegetable products to the Far East. The selling prices for many products are lower than last year, with pork, chicken, sugar, and buckwheat seeing price decreases.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Russian Ministry of Agriculture has noted a decrease in producer prices for certain types of vegetables, including carrots, cabbage and beets. This was reported to journalists by the press service of the ministry. "Traditional seasonal trends are also continuing. Thus, against the backdrop of the new crop of vegetables entering the market, the cost of certain types of these products is decreasing. Over the past month, producers have reduced prices for carrots (-4.5%), white cabbage (-5.1%), and table beets (-0.3%)," the report says. The ministry also noted that the record potato harvest last year led to a significant decrease in prices for these products. At the same time, in 2024, potato production decreased due to unfavorable weather conditions, which, according to the Ministry of Agriculture, "pushes" prices up. "At the same time, today potatoes cost producers 22.4 rubles per kilogram, which is lower than, for example, for the same period in 2021," the Ministry of ...
Source: Kvedomosti

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