October 7, 2022

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War, fertilizer and drought.  What about the prices of vegetables and fruits?

War, fertilizer and drought. What about the prices of vegetables and fruits?

The high prices in the individual markets that are causing a lot of buzz on the Internet tell little about the entire market. It is caused by the effect of new products at the beginning of the season. However, the truth is that the last year will surprise the high prices in the markets. Economists and farmers point to the accumulation of many different drivers of price increases.

Fresh vegetables are always relatively expensive. With the passage of time and the increase in local supply, there will be reductions, but the prices of fruits and vegetables this season will be much higher than last year. In some categories, the price increase may be up to 20%. Jacob Olibra, agricultural market analyst at Credit Agricole admits.