US-Mexico Potato Trade Issue: Spanish press reports sharp hike in Mexican fresh potato prices after announcement of import ban

Image result for food market potato mexico

Potatoes on display in a Mexican fresh produce market

The Spanish language potato news website Argenpapa reports that potato retailers are experiencing a sharp rise in the price of fresh potatoes in certain areas of Mexico, especially in Tamaulipas, a state in the northeast of Mexico, bordering the US. Some traders report a hike as much as 100%. Juan Antonio López, owner of a local fruit and vegetable market in Tamaulipas, told Argenpapa yesterday that his wholesale supplier informed him of a rise in price for his next order – this came almost immediately after the court decision of a ban on imported US potatoes became known last week. The explanation given by suppliers is that they expect US potatoes to be in short supply soon and given the fact that US potatoes are in great demand and cheaper than the locally produced product, they have no other choice but to up prices. The Alpha variety, which is very popular in Mexico, is especially effected, and retailers are unsure how much the price for Alpha potatoes will rise in the near future, but a sure rise is anticipated. Juan Antonio López told Argenpapa “from what we have seen, it is already selling at 29 pesos, while last Friday the price was at 15.50 pesos, so we expect people to buy less quantities from us”. Read the Spanish article