Potato Prices in the United States from 2020 to 2025

Key Points

  • Research suggests potato prices in the US increased from about $0.81 per pound in 2020 to around $0.98 per pound in 2024, with a slight decrease to $0.97 per pound by January 2025.

  • Grower prices, what farmers receive, rose from $9.30 per hundredweight in 2020 to $12.10 per hundredweight in 2024, with no data available for 2025 yet.

  • An unexpected detail is the wide gap between grower prices (around $0.09–$0.13 per pound) and retail prices, reflecting significant markups in the supply chain.

Retail Prices

Potato retail prices, what consumers pay, have shown fluctuations over the years. The average price per pound was:
  • 2020: approximately $0.81
  • 2021: $0.78
  • 2022: $0.91
  • 2023: $1.01
  • 2024: $0.98
  • 2025 (January): $0.97
These prices reflect the cost at retail level, based on consumer purchases, and show a peak in 2023 before a slight decline in early 2025.

Grower Prices

Grower prices, the amount farmers receive for their potatoes, are measured per hundredweight (cwt, or 100 pounds). The prices were:
  • 2020: $9.30 per cwt
  • 2021: $10.20 per cwt
  • 2022: $12.90 per cwt
  • 2023: $12.30 per cwt
  • 2024: $12.10 per cwt
  • 2025: data not available
When converted to per pound for comparison, these range from about $0.09 to $0.13, highlighting the significant markup by the time potatoes reach consumers.

Survey Note: Detailed Analysis of Potato Prices in the United States (2020–2025)

This detailed analysis compiles potato price data from various sources, including the US Bureau of Labor Statistics (BLS), Federal Reserve Economic Data (FRED), Ycharts, and market analysis websites, to provide a comprehensive overview from 2020 to 2025. Given the current date of March 9, 2025, we include projections for 2025 based on trends, acknowledging some uncertainty due to incomplete data for the year.

Data Sources and Methodology

The primary sources include the BLS Consumer Price Index (CPI) for average retail prices of white potatoes, available through FRED with series ID APU0000712112, and supplemented by Ycharts for grower prices (US Potatoes Price Received). Retail prices are calculated as the average of monthly data where available, with missing months excluded from the average. Grower prices are sourced from Ycharts, reported in USD per hundredweight (cwt), and converted to per pound for comparison where necessary. The unit cwt is 100 pounds, and conversions to per pound are done by dividing by 100. For 2025, only January retail price data is available, reflecting the latest BLS update.

Annual Price Breakdown

To estimate the average price per pound for each year, we use the monthly retail price data from FRED and the yearly grower price data from Ycharts. Below, we break down the prices by category—retail and grower—for each year from 2020 to 2025.

Observations and Trends
  • Price Fluctuations: Retail prices remained relatively stable from 2020 to 2021 ($0.81 to $0.78 per pound), then saw a sharp increase in 2022 ($0.91), peaking at $1.01 in 2023, before declining slightly to $0.98 in 2024 and $0.97 in January 2025. Grower prices showed a steady increase from $9.30 per cwt in 2020 to $12.10 per cwt in 2024, reflecting higher production costs or market demand.
  • Unit Comparison: The wide gap between grower prices (approximately $0.09–$0.13 per pound) and retail prices ($0.78–$1.01 per pound) highlights significant markups in the supply chain, an unexpected detail that underscores the cost additions from processing, distribution, and retail.
  • Influencing Factors: Economic factors such as inflation, supply chain disruptions, and weather impacts on potato yields likely drove these changes. The early 2025 retail price decrease might be influenced by market corrections or seasonal pricing, though more data is needed for confirmation.
Conclusion

The analysis shows a general upward trend in both retail and grower potato prices from 2020 to 2024, with retail prices peaking in 2023 and grower prices showing steady growth. For precise figures, users can refer to FRED for retail price data and Ycharts for grower price data.

Summary of Potato Prices (USD)

Grower Price of Potatoes in the United States(2020-2024)









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