Derivatives market calm, food products balanced The prices for fried potatoes in the four large producer countries remain unchanged this week. Free goods are barely traded. In Germany, in particular, the factories are reported to show little interest in free goods, as they are expected to be fully utilized by the end of the year in the settlement of contract goods. In Belgium, the market is more receptive. Varieties such as Bintje and Fontane are hardly offered by the producers and remain in the warehouse. Challenger, on the other hand, is generously offered as concerns about inventory risks increase. Innovator is in demand in France and can achieve 13,50 Euro / t instead of 12,50 Euro / t compared to varieties like Bintje, Fontane or Russet. Exports in Belgium are brisk for this season. Especially Polish and Romanian traders are buying in, but orders are also coming from the UK, where the harvest is still problematic. For food products, the prices could grow this week again in federal funds. It can be heard from France that export demand for table potatoes has diminished somewhat.In Champagne, between 30.00 and 40.00 euro / dt are produced for hard-boiled varieties, and 18.00-20.00 euro for varieties with slight losses in quality. After a quiet trading day yesterday, the prices at the EEX show up again today. With a premium of 0.10 Euro / dt the potatoes started today at 17.60 Euro and are traded in the Sptize to 17.90 Euro / dt. Starting from 18 Euro / dt many sellers are again positioned, the buyer side increases their offer today.
ZMP Live Expert Opinion
British potato growers fight under extremely wet soil conditions for each hectare. The danger of total losses becomes more and more real. According to research by the British Agency for Agriculture and Horticulture (AHDB), the northern regions are the most affected; there are still 33% of the potatoes in the ground. It is 21% in Yorkshire and Humberside and 15% in the northeast. In total, 11% potatoes in the soil are said to be in the UK. Experts estimate a 3% loss from a current estimate of 5.1 million tonnes (2018: 4.9, 2017: 6.042, 2016: 5.243 and 2012: 4.49).