UK potatoes still cheap and plentiful

Commodities markets are quite uncertain at the moment, with wheat prices having reached record highs. However, potatoes are still cheap and plentiful. Despite this, and with the exception of a brief recovery during the pandemic, there has been a slow and steady decline in fresh potato consumption in the UK. The trend shows no sign of changing - despite this year's rocketing food prices.

East Anglian farmers grow tonnes of potatoes. They are a useful break crop from cereal - enabling farmers to disrupt the cycle of weed infestations which can plague their wheat crops. They are also rich in potassium and have been a food mainstay for centuries. This year's  East Anglian potato crop is looking very promising - and from a grower's standpoint farmers are very pleased. But prices are low - making some of their crops uneconomical.

So while wheat prices have reached up to £356/t compared to  £170/t or so in 2021, potatoes are being sold into a much more challenging market.


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