Business · Companies · 1 hr ago

Alba truffle fair opens amid low supplies and record prices

Alba truffle fair opens amid low supplies and record prices

Alba’s 96th International White Truffle Fair opened in October and runs until 6 December.

The fair takes place in an area of northern Italy that includes Langhe, Roero and Monferrato.

White truffles need cool temperatures and rain to grow, but a very hot summer and three dry months reduced the early harvest.

White truffles are selling for about €5,000 a kilo, with some prices higher, while black truffles are also near record levels.

The shortage has not stopped visitors from coming, and accommodation in the area has been difficult to find.

The fair is important to the local economy: a study estimated its impact at more than €42 million in Cuneo province.

Organisers say they are also working on biodiversity, planting trees and protecting truffle woods, while hoping that rain will improve the harvest as the season continues.

Sources

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