09 June 2021
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Free-buy price gain
THIS week's UK free-buy price gained a further £10.49/t to £155.82/t according to AHDB figures.
The gain has been driven by increased movement of higher value varieties last week, along with some upward movement in ex-farm prices for the same material.
The free-buy tonnage traded by the sample last week was reduced by more than 20%, despite overall tonnage only dropping by 1%. Compared to the same week last year, free-buy tonnage (on a like-for-like basis) is almost double, which AHDB says highlights the significant effect the pandemic had on the potato trade in June 2020.
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The WAPS values are weighted averages calculated from volume and value data from all market sectors. The average price includes both free-buy and contract purchases.
