Federal Statistical Office introducing preliminary results of land use 2014
(AMI)This year, the production of processing potatoes in Germany is so extensive like never before. From the now present evidence suggests, that the area has grown again, and by 4% to approximately 71,000 hectares. The Federal Statistical Office released mid of the last full week of July 2014 the provisional data for potato cultivation in Germany. Therefore increased the total area only around 1% to 245.100 ha. Potatoes are grown on 102.500 ha (+ 4.4%). Processing, feed and seed potatoes take while smaller area than 2013 142,600 ha a 1.4%, because but the starch potato cultivation at least 5,000 ha has shrunk, the identified remains processing potatoes plus. It even planting good reproduction was deducted sums well 16,000 ha more than 2013. The hot and humid July should the messages from the different regions result have ensured that a high level of income is already reached. What can be recovered by a probably large amount of gross at the end, must be seen.
ZMP Live Expert Opinion
We look back on two good years of potato with high prices and profits – maybe it was just 1.5 years for processing potatoes. Each time, the success was due to external circumstances: cold spring and summer dryness in 2013, demand pull from the UK 2012. farmers in Germany but also in Western Europe have with growing expansion reacted, with luck once again the misfortune of others to take advantage of. That doesn't sound like a strategy of market and price maintenance or prudence. So had to come now what was sooner or later be foreseen: the market collapses under a glut. However, many had operated a certain provision with the conclusion of contracts. Contracts without fixed price guarantee sufficient but limited. Who has a bet that satisfactory profits can be brought up only with the option amounts gambled on the wrong horse and fixed prices are only good if the required qualities can be supplied. Currently, the Bonituren are worsening.