Potato prices surge 43% in 2 days


112 days ago

Potato prices rose by 43% in two days last week.

On Tuesday a 10-kilogram bag set you back R37.15, according to Potatoes South Africa.

By Thursday that same bag cost R53.29.

The surge in price is due to heavy rains that disrupted harvesting in the Free State.

Ray White (in for Bruce Whitfield on The Money Show) interviewed Dr André Jooste, CEO at Potatoes South Africa.

Listen to the interview in the audio below (and scroll down for quotes from it).

We’re talking about an R8 billion industry at the primary level…

Dr André Jooste, CEO - Potatoes South Africa

South Africa produces fresh potatoes 12 months in a year…

Dr André Jooste, CEO - Potatoes South Africa

We export between 8% and 10% of our potatoes to the northern markets [in Africa]…

Dr André Jooste, CEO - Potatoes South Africa

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This article first appeared on 702 : Potato prices surge 43% in 2 days

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