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Russia 07/03/2023

Temporarily limit imports to reduce potato stocks
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In Russia, at this time of year, potato stocks are still at high levels after a record harvest.
 
Russian media report that during a meeting at the Ministry of Agriculture, the organization of potato growers discussed a temporary limitation on the domestic market for potato imports.
 
Russian production totaled 18.7 million tons of potatoes in 2022, or +4.3% compared to the previous year. But in wholesale, prices varied by -37.3% compared to those practiced at the beginning of February 2022. Farmers expected the opposite situation with prices on the rise and according to estimates 40 to 60% of harvest from individual farms are still stored in warehouses.
 
This problem of marketing Russian potatoes may lead to a reduction in sowing and the volumes produced for the next harvest, alerted Rusprodsoyuz, the intersectoral association of manufacturers and suppliers of food products.
 
source  : vedomosti.ru, ura.news, retail.ru, a-ipp.ru
 
 
 
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Potato stocks are still at high levels after a record harvest and limiting imports would be a measure to reduce these stocks (Photo: tellerreport.com).
   
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