News on Potato Prices from Brazil

Last week the Brazilian Government has decided to impose an anti-dumping duty on frozen potatoes (tariff code 2004.10.00; mostly frozen french fries) imported from Germany, Belgium, France and The Netherlands. The level and duration of the anti-dumping duties are not yet published.

The price of potatoes in Brazil reached the highest level in the last 10 years. Farmers say that this increase is due to the reduction in the planted area and the lack of product on the market.