Foodies Rejoice as White Truffle Prices Sink

Prices have dropped to lows not seen in more than a decade, as abundant rain around northern Italy’s Alba—the epicenter of white truffle foraging—has produced a bumper crop

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Alba, Italy

It’s the year of the (relatively) affordable white truffle.

Abundant rain in the forests around this northwest Italian town—where the world’s highest-end white truffles are foraged—has produced a bumper crop of the coveted fungus. Prices at Alba’s truffle market, the main global source of the high-end variety, are averaging...