Torrid year for potatoes redeemed by very high prices

27 August 2020. It has been a torrid year for the South African potato industry on the fresh produce markets with the sudden absence of the food service industry, usually the buyers of large potatoes which make up 20% of the potatoes on the market. Restaurants had no sales for two months and restricted business from mid-June. Quick service restaurants were allowed to resume trade from beginning May but some of them are only back to 50% of their pre-lockdown levels. On the other hand, direct sales to retail boomed, as much as 40% year-on-year growth since April for some secondary retailers in informal settlements and townships. Read more…

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