11 February 2016:
Growers have been increasing their prices over the last 2 to 3 weeks due to the low expectations they have for the new crop, due in April/May.
There have been severe droughts in two growing areas, Puno and Ayacucho, with losses of about 40% of the crop. 30% is damaged and will only reap low yields and 30% is expected to be harvested as normal.
Overall demand will most likely exceed supply this year, making it a difficult year for for Peru, with further price increases expected.
