Trade/Markets/Prices, Trends

Early potato prices in Spain continue falling trend

The Ministry of Agriculture is carrying out a promotional campaign to support Spanish new potatoes. The Coordinator of Agricultural and Livestock Organizations (COAG) has provided some data that illustrate the poor performance of early potatoes, which are grown in Mediterranean regions in winter or early spring, depending on the weather in each area, and are harvested between April and June. Prices haven’t stopped falling in the production areas of Valencia, Alicante, Andalusia and Extremadura and have come to touch lows of just 8 cents per kilo (below production costs), and things are not expected to improve, since in a few weeks the bulk of the domestic supply, with seasonal potatoes from Castile-Leon and La Rioja, will hit the market. More

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