This is quite a special season for the black truffle, at least for me. I thought that with so many hectares planted and irrigated (almost 40.000 hectares in Europe), production would clearly increase year after year. It seemed that no longer return the years in which the black truffle was paid over 1000 € / kilo.
Although I usually use truffle prices in origin, perhaps more appropriate reference value for the truffle is working with the price of first class grade.
After the holidays, most restaurants “Michelin” closed for vacation and demand is significantly lower. This is why on Saturday, January 3rd prices in the market of Vic (Barcelona) were 400 € / kilo, and at the station of Mora (this is the largest truffle market in Spain, held every friday night in the bar of and old train station, in Teruel) truffles were paid between 350 and 600 € / kilo. Saturday 9th january in Teruel the price was between 420€ and 515 €.
However there is no so many truffles in the markets (roughly a ton every friday in Estación de Mora) and several truffle hunters told me that it looks like the season will soon be over this year. So probably later this month prices will increase between 100-200 €/kg and again we will exceed the average price of black truffles in the last 60 years in Spain, this is 420 € / kg as you can see in graph taken from our latest book Truffle Farming Today, a Comprehensive World Guide.
Marcos S. Morcillo