Potato prices have sharply declined as farmers are dumping potatoes onto the market due to lack of return compared to the total input cost, said one farmer on Saturday.
Pakistani potatoes are being sold at the maximum rate of Rs400 per 40 kg in the Karachi wholesale market, against earlier rates which had been over Rs800 per 40 kg.
Farmers Association of Pakistan Chairman Dr Muhammad Tariq Bucha told The News that farmers were dumping potatoes as it was difficult to pay labour cost for taking potatoes out of the field. Moreover, transportation cost was an additional burden on them.
