Cold, wet, spring pushes potato prices up
A late harvest and cold, wet, spring have pushed up the price of potatoes – Germany's favourite carbohydrate – by at least third since last year, it emerged on Thursday.
“The prices are the highest they have been in decades,” market analyst Christoph Hambloch from the Agricultural Market Information Company (AMI) told regional newspaper the Mitteldeutsche Zeitung.
At the end of June, one kilo of standard potatoes cost €1.42, a 50 percent increase that at the same time last year, according to calculations from the AMI.
New potatoes currently cost shoppers €65 per 100 kilograms – an increase of €40 on last year's prices, when baby spuds cost just €25 per 100 kilos. This has been a recent development - at the beginning of May 100 kilos cost between €28 and €30.
Behind the carb cost increase is, Hambloch said, the unusually cold and wet spring weather which saw lots of potatoes being planted later than usual.
But don't panic yet, as he added that prices could well sink as more potatoes come on the market as the month progresses.
DPA/The Local/jcw
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“The prices are the highest they have been in decades,” market analyst Christoph Hambloch from the Agricultural Market Information Company (AMI) told regional newspaper the Mitteldeutsche Zeitung.
At the end of June, one kilo of standard potatoes cost €1.42, a 50 percent increase that at the same time last year, according to calculations from the AMI.
New potatoes currently cost shoppers €65 per 100 kilograms – an increase of €40 on last year's prices, when baby spuds cost just €25 per 100 kilos. This has been a recent development - at the beginning of May 100 kilos cost between €28 and €30.
Behind the carb cost increase is, Hambloch said, the unusually cold and wet spring weather which saw lots of potatoes being planted later than usual.
But don't panic yet, as he added that prices could well sink as more potatoes come on the market as the month progresses.
DPA/The Local/jcw
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