14.
06.19
There are only contract potatoes on the market

Kartoffeln Cockpit, 14.06.2019

  • New potatoes are not sufficiently ripened by the cold weather in May
  • Mass and starch content is missing the new potatoes
  • There are only contract potatoes on the market
  • Growth conditions are excellent due to the recent rains
  • Low demand in the UK, as no adequate baking quality
  • EEX Kartoffelfuture drops back to 13 € / dt

In Germany, the early potatoes have so far added little weight and strength, as it was covered and cold for a long time. The prices for table potatoes can therefore keep at a high level at over 70 € / dt. Everywhere in the cultivation areas where there are plants is raining. The potato processors now use almost exclusively supply contracts. Old crops, such as the Agria and Fontane varieties, which still have to be priced, have prices ranging from 31 to 33 € / dt. It will take 14 days until the first raw material of the new harvest is available. Currently there is still a lack of both mass and starch content. The old potatoes have a lot of waste and if the caliber of the lots are small, the prices quoted are no longer achieved. From Holland it is reported that the industry now no longer offers free potatoes from the previous harvest. The factories therefore only purchase contract potatoes. Whether these are enough to survive the next four to five weeks, is questionable. So it was not surprising that the exports of consumer potatoes have come to a standstill. The last lots in Big-Bags went to Poland for 32 to 38 € / dt.Holland has measured 25 to 60 liters of rain per square meter and the growing conditions in the fields are currently excellent. In some regions of southeastern Holland, where it is still too dry, water abstraction is regulated. Partly the required water is now pumped out of the trenches. In France, the potato traders in the trade and also the product warehouses of the fry factories are almost empty. Nevertheless, the demand is very low, so that the last offers are difficult to place. Now the question is how to make the connection to the new crop, especially since all regions are urgently waiting for rain. Despite some thunderstorms, which only relieved regionally, all potato fields have to be irrigated. The Belgian fry factories are now buying everything that can be reasonably processed. So now the last Bintje games go into the processing. Who gets no raw material, has stopped with the production of fries for the time being and can not start again until the beginning of the new harvest. Potatoes of the old crop are almost non-existent and also the stocks in the deep-frozen warehouses of the factories are rapidly disappearing.Even in the British Isles there are only a few attractive games with good baking qualities; This leads to a sinking demand, especially since the first frits raw material should be available there in the next few weeks. The factories are mainly supplied by preliminary contracts. Exports to the European mainland to the Netherlands, the Czech Republic and Poland are decreasing. In the fields it looks generally very good, but more rain would be desirable. In March, the British exported more than 20,000 tonnes of potatoes, setting a new monthly record. Belgium, Poland, the Netherlands and the Czech Republic were the buyers.

There are only contract potatoes on the market
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ZMP Live Expert Opinion

The now most traded potato future at the EEX in Leipzig on the date of April 2020 gave way this week. With 13 € / dt today the provisional low of this maturity was traded. Since the beginning of the year, the previous financial statements were mostly in the range of 15.5 to 16.7 € / dt. The reason for the fall in prices is the rain that has fallen in northern Europe in recent days. Precipitations of 20 to 50 mm, but in exceptional cases even 70 to 90 mm were measured.

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