Potato prices in the UK have reached unprecedented levels not witnessed in a decade, with projections indicating a climb above £1 per kilogram, marking a 30-year high. Concerns over shortages across various potato varieties are mounting, leading to what has been termed ‘spudflation’. This surge comes amidst challenges in the agricultural sector resulting from heavy rainfall. The cold spring season is further exacerbating the depletion of existing potato stocks, as consumer preferences shift towards heartier meals, diverging from the typical spring fare of barbecues and salads.
Albert Bartlett, a prominent potato supplier, has highlighted an impending gap between the current stored crops and the upcoming season’s harvest, stemming from planting delays caused by waterlogged fields. Despite recent improvements in weather conditions, the recovery of lost planting time remains unattainable. Technical director Paddy Graham-Jones has expressed concerns over potential shortages of certain potato varieties, although alternatives like Jersey potatoes may help alleviate the strain on retail shelves. The expected early crop, usually ready by June, is now facing delays due to planting setbacks in April.
Simultaneously, certain suppliers are imposing restrictions on order fulfillments. Angus Wilson from Wilson’s Country has raised fears of future scarcities resulting from planting delays due to persistent wet weather conditions. The adverse weather has significantly impacted the industry, with reduced outputs from the previous year’s harvest due to crop losses. The Consumer Price Index currently reflects an average price of 84p per kilogram, with forecasts indicating a surge above 103p in the coming months, reaching a 30-year peak. Additionally, the UK’s Agriculture and Horticulture Development Board has issued warnings regarding potential price hikes of other staples, underscoring the broader economic implications of the ongoing weather challenges.
