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Potato prices set to soar due to bad crop and EU rules

January 18th, 1995
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Rating: 5.0/5 (1 vote cast)

Myth: The price of a bag of chips is set to soar due to the rocketing cost of potatoes. A universally poor potato crop throughout Europe, combined with EU rules, has meant that continentals are able to grab British stocks, forcing up the price immensely.
Source: The Sun (18th January 1995)

Response: The fact that the potato has suffered a bad season and stocks are being brought up
by others keen to supplement their own ailing markets has nothing to do with the EU, its Common Agricultural Policy nor the Single Market. Indeed there is no Common Market Organisation in the field of potatoes, thus the EU has no powers to regulate the market. The fact that traders from continental Europe are buying British potatoes, at a higher price than normal, is their way of dealing with an unusually poor crop.

Potato prices set to soar due to bad crop and EU rules, 5.0 out of 5 based on 1 rating

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