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 pound...