According to the Trading Corporation of Bangladesh (TCB), the retail market is experiencing a 73 per cent increase in potato prices compared to last year, with the cost reaching Tk 40 per kg during the peak season.
Across Europe, the situation is similar, with potato planting still delayed in many early locations, and the weather outlook for the next week to ten days does not offer much optimism for additional improvement.
Potatoes have been traded at high price levels in this 2023/24 crop that occurs in the rainfall period. The boost comes from lower supply – the main producing regions faced weather adversities especially due to the effects of El Niño.
The Irish potato industry looks set to enter a new era of blight management as it approaches the 2024 growing season.
U.S. Senators Jim Risch and Maria Cantwell recently communicated with President Biden, urging him to negotiate with Japanese Prime Minister Fumio Kishida for the entry of U.S. fresh potatoes into Japan.
Analysts expect the wholesale prices to ease further from the current Rs 15-18 per kilogram before a rise in the coming months.
As the new director of the University of Idaho’s Seed Potato Germplasm Program, Kayla Spawton oversees a modern, new facility and holds a position that is essential to one of the state’s largest and most celebrated industries.
Local potato prices could rise above Tk 50 per kg later this year due to a potential fall in production, the Bangladesh Cold Storage Association has warned.
