23.
06.23
Potato market remains tightly supplied

Kartoffeln News, 06/23/2023

Bullish
  • Drought in many growing areas
  • late planting
  • no goods left from last harvest
  • smaller supply of imported potatoes
Bearish
  • Spain more able to deliver again
  • Holiday season
International listings €/german
country listing variety previous week Current the change
Netherlands PotatoNL Cat. 1 49-55 52-60 4.00
Belgium Belgapom Fountain 55.00 60.00 5.00
France RNM Fountain 50.00 55.00 5.00
Germany Reka Fountain 55.00 59.00 4.00

On the processing market, the goods have been completely cleared almost everywhere. Belgian buyers in particular are trying to get the last batches, which are still suspected to be in individual warehouses, and pay between 55 and 60 euros/dt for varieties such as Fontane. Transactions can hardly be registered in Belgium, just like in Germany, because the raw material is more than scarce. In France, too, the warehouses are empty, and quantities are scarce or non-existent here. In Germany, film-early early varieties are expected in the southern potato-growing areas from around the 25th or 26th week of the year. Overall, however, the early varieties are also somewhat behind in their development. However, the most recent precipitation, which also spread across large parts of France and Germany as a storm, has improved the water supply for the fields overall. Early potatoes from Germany are also scarce at the end of this week. Where possible, early potato stocks can be cleared quickly and early, and there is a corresponding demand. Imported potatoes have become scarcer overall, even if Spain is now able to deliver a little more. Prices are firm and stable.It remains to be seen whether this will remain the case. It is speculated that some early potatoes, which would also be suitable as fries, could stay in the ground longer and flow towards Belgium as processed goods. No potatoes were traded on the EEX this week.

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ZMP Live Expert Opinion

Anyone who still has processing potatoes from the old harvest will be happy about good price negotiating positions. However, the market has been cleared overall and the new harvest is a long time coming. Availability remains low on both the food market and the processing market.

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