Kartoffeln News, 03/24/2023

There is low demand for processing potatoes . Only chip manufacturers are still active on the market and are looking for free quantities. Overall, goods that have not yet been sold but have to be outsourced at short notice can usually be taken off the market in good time. The bottom line shows a balanced processing market in Germany. The Reka has therefore left its price quotation today at the price level that has existed for weeks. The news situation from Belgium is also unchanged. The prices here remain stable at the level achieved. Processors are not active for short-term deliveries, but do inquire about later delivery dates from April 2023. The industry, it is said, is working at full speed, which is why goods can always be placed again and again at short notice. As reported by Fiwap, the planting of early varieties has fallen behind. In France, there are high production figures for French fries. The processing quantities are high, at the same time there are hardly any free quantities left in the producers' warehouses, which is why marketers are also approaching producers in Germany and the Netherlands with a few quantities. However, these quantities are currently hardly worth mentioning.Prices on the EEX recently rose, but were unable to maintain their price level of EUR 30.50. With low turnover, the April contract falls back to 30.00 euros/dt today. Interest in the other contracts, also for April 23, has not increased recently. While not a single contract has traded in June so far, open interest in the April 24 contract remains at 231 contracts. The food market continues to be balanced. Israel reports high international demand for potatoes. More and more potatoes are arriving on supermarket shelves from Egypt. A range change is increasingly expected for the coming week.