Potato prices have taken a dramatic turn with a 450pc increase in less than six months in Ireland.
Last March, returns languished below the cost of production with growers receiving little more than €120/t for the washed trade. Today, the same potatoes are making up to €560/t - at least €200/t higher than the typical prices paid at this time of the year.
The poor summer has reduced yields by at least 30pc on last year, according to IFA potato chairman Thomas Carpenter.