Kartoffeln News, 01/13/2023

On the futures exchange EEX in Leipzig there is no change for the April 23 contract even towards the weekend. With low sales, the tubers are now traded for 29 euros/dt. With sales also low, the contract for April 2023 is slightly down today. Stimuli for the European processing market continue to come primarily from Belgium. The factories here are still looking for free french fries raw materials. However, since the supply in Belgium is rather limited, purchases are also made in Germany and the Netherlands. Belgapom continues to quote 25 euros/dt for Fontane and Challenger, and 27.50 euros/dt for Innovotor. In France, the market for processing potatoes is balanced. The processors here concentrate mainly on the processing of contract goods, but here and there free goods are also traded at constant prices. In particular, large-caliber varieties such as Innovator are in demand. It should be exciting to see how French farmers approach the coming harvest.Traders report that many potato growers are reluctant to sign new supply contracts due to uncertainties surrounding the climate and the experience of water shortages over the past year. Little changes on the food market . As reported, demand has recently increased somewhat, but the overall trend is described as calm. Demand from Eastern Europe is still below expectations, but goods destined for Africa can definitely be delivered to the satisfaction of retailers. Furthermore, peeling companies have no need for free quantities, as they are sufficiently supplied with contract goods.