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Colombian criolla potatoes (photo: Loren Moss)

Colombia Sees Decrease in Fresh Produce Prices, Impacting Consumers

Posted On November 12, 2024
By : Loren Moss
Comment: Off
Tag: Agriculture, avocado, Beans, Beef, beets, boyaca, cauca, ceral, Chicken, colombia, colombian, corn, cucumber, cundiboyacense, cundinamarca, grains, mango, norte de santander, onions, papaya, pineapple, pork, potatoes, produce, protests, UPRA, wholesale prices, yams

In October 2024, Colombia’s wholesale prices for various fresh fruits and vegetables saw notable declines, according to the Unit of Agricultural Rural Planning (UPRA). Items like cucumber, onions, and beets dropped over 20%, reflecting an increase in supply due to favorable harvests in key regions such as Cundinamarca, Boyacá, and Cauca.

Root vegetables, particularly potatoes and yams, also experienced price reductions exceeding 10% due to higher yields from areas like the Cundiboyacense plateau and Norte de Santander. In contrast, the prices of certain grains and cereals, including corn and beans, rose by up to 5%, largely due to adverse weather conditions and limited market availability.

Despite logistical challenges posed by protests, including mining and farming strikes that disrupted supply chains, wholesale food prices generally stabilized. This trend was attributed to price declines in previous weeks that helped offset October’s fluctuations.

While fresh fruits like papaya, mango, and pineapple saw price reductions, products such as lime and avocado experienced increases. Additionally, there were slight drops in the costs of beef, pork, and chicken cuts, although reductions were minimal—under 3%.

For more information on food price changes in Colombia, visit the official UPRA report.

Headline photo: Colombian criolla potatoes (photo: Loren Moss)

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About the Author
Loren Moss is the founder and publisher of Finance Colombia. He has over 20 years of international business experience, including over a decade of experience in securities, insurance, and commercial real estate, at the institutional and international level.
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