OFM [News, Audio]: Potato prices

“The strong year-on-year price increase for potatoes during June was driven, in part, by the decrease in stock levels due to excessive rain and low summer temperatures in some of the planting regions earlier this year. According to a report published by Absa AgriBusiness, these adverse weather conditions affected potato yields in the eastern and western Free State, as well as early production in Limpopo. Towards the end of June deliveries started to increase, but volumes were expected to remain under pressure over the next four months, while a relatively cold winter could extend this trend well into the third quarter of the year. Willie Jacobs, CEO of Potatoes South Africa, told Farmer’s Weekly that according to daily fresh produce market data…”

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