News on Potato Prices

Despite a fresh crop arriving at the wholesale market in Vashi (Mumbai area), retail prices of potatoes show no decline

Although the drought in the Netherlands resulted in very challenging harvesting circumstances, by now the potatoes have practically all been harvested. Heero Gramsma, Managing Director of Nedato reflects...

Australia is experiencing a potato shortage because of flood-effected potato crops in the southern states.

As a result of the late potato harvest in the North-western European countries (BE, DE, FR, NL, UK), the potato growers organisation NEPG has decided to postpone publication of its annual yield estimates till the third week of November.

Als gevolg van de late aardappeloogst in alle NEPG landen (BE, DE, FR, NL, UK) is besloten om de bekend making van de officiële NEPG oogstverwachting cijfers uit te stellen naar de derde week november.

Currency and supply dynamics are affecting the relative price of British processing potatoes compared to supplies from Belgium and the Netherlands.

The price of potatoes in South Africa is expected to increase in the next four weeks – and there is a chance of even more hikes in December.

Lower retail prices for several foods, including eggs, whole milk, cheddar cheese, chicken breast, sirloin tip roast and ground chuck resulted in a decrease in the American Farm Bureau Federation’s Fall Harvest Marketbasket Survey. However, potato prices were up slightly.

In a sign of a maturing market, two potato processing companies in Kenya - Tropical Heat - a snack manufacturer - and Sereni Fries said they will sign contracts with growers to supply 600 tonnes of potatoes every month in order to assure their supply of potatoes suitable for processing.

In the last fiscal year (FY'16), Bangladesh's potato production hit an all-time-high of 9.47 million tonnes, the latest data showed. However cold storage facilities showed little progress compared to the higher output.

Scottsdale farmers Jerrod and Susan Nichols are preparing to plant their 2016 spring crops, but say processing potatoes for McCain would not be in the mix unless prices lifted.

Starting from the 2016 – 2017 season, the Belgapom quotation will be made up of three parts, each supplemented by their own market sentiment: Bintje, Challenger and Fontane.

Consumers in Croatia say that local potatoes should not be more expensive than German or French potatoes.

The government of India today imposed minimum export price (MEP) of USD 360 per tonne on potato to increase domestic availability and cool prices.

In Russia, potatoes have hit record high prices due to supplies being imported and a lack of vegetable storage.

UK Supermarket chain Tesco has announced it will issue contracts worth £12 million over three years to help support British Agriculture, and become the first retailer in the UK to introduce new long term contracts for potato growers and packers.

The North-western European Potato growers (NEPG) expect the combined potato acreage in Belgium, Germany, France, The Netherlands and Great Britain to be 552.000 hectares (1.36 million acres). This is an increase of 4.9 percent compared to last year.

De NEPG (North-western European Potato Growers) verwacht in North-Western Europe een areaal van 552.000 hectare consumptieaardappelen. Dit is 4,9% meer dan vorig seizoen.