Kartoffeln News, 03/31/2023

The futures market is friendlier this week. Contracts for the June date were also traded for the first time this week, reflecting the expectations of many market participants who expect interest to pick up at firmer prices in May and June. The April 24 contract is also up again today and is trading at 30.50 euros/dt at midday. As usual, the market situation for processing potatoes is unspectacular. The prices for French fries and chips remain unchanged. Significant quantities are not offered by the producers, at the same time the demand from the chip factories has flattened again significantly and only individual loads are traded. The Reka is leaving its listings at the level that has been stable for weeks. Belgapom also sees no need to adjust prices up or down this week. Only in Great Britain do retailers there report increasing demand for French fries. Prices are also rising again here, after the British factories have until recently only concentrated on processing contract goods. At the food market there are still no markups for goods from the old harvest.While most of the stocks in southern Germany have already been cleared, there are still plenty of goods in stock in the north, especially in Lower Saxony. Larger quantities of imported potatoes from Egypt and Israel can already be found on the food retail shelves in southern Germany. However, the ranges should not be completely converted until the end of April.