Of the 19 regional economies that Argentinian industry body Coninagro monitors every month, there were four activities in red, six in yellow and nine in green. Notably, there has been a drop in the price of potatoes and an abrupt decline in the values of vegetables.
“Mainly the biggest drops were in potatoes, poultry and beef, citrus fruits, vegetables, and pears and apples due to the rise in costs and the decrease in prices,” a recent report highlights. Meanwhile, the traffic light raises a yellow alert for sweet citrus fruits, pears and apples, and dairy, activities affected by the increase in costs and falling prices.
Potato market
Mario Raiteri, Coninagro leader and vice president of the National Potato Federation, explained that this year the same area was planted as last season, and that the growth of the tuber was accompanied by “a very good climate” in the different national productive regions.
“There is a significant supply of potatoes destined for the domestic market, with sustained demand, but not enough to maintain the high prices that the yield-price equation needs to be positive for the producer,” he told marketresearchtelecast.com.