18.
08.23
Demand for ware potatoes falls

Kartoffeln News, 08/18/2023

Bullish
  • Low supply of new potatoes
  • Main harvest with delays in ripening
  • Frozen goods continue to be very popular with consumers
Bearish
  • emerging harvest pressure
  • Factories busy processing contract goods
International listings €/german
country listing variety previous week Current the change
Netherlands PotatoNL Cat.1 45.00-50.00 40.00-45.00 -5.00
Belgium Belgapom early 50.00 40.00 -10.00
France RNM Fountain nn nn nn
Germany Reka innovator 54.00 42.00 -12.00

As the harvesting progresses, prices for ware potatoes are falling. Overall, however, the market remains balanced after just under. Meanwhile, the demand for fresh potatoes has recently been significantly lower. Meanwhile, the main crop is still lagging behind in its development. In Lower Saxony, the early potato harvest is now over. The areas are as good as cleared. However, there is no overstatement here, so that not all inquiries from supply areas can be served. A steady harvest is reported in the Rhineland, and the supply here is more than sufficient. In the case of processing potatoes, more tubers are now also available. The industry is currently concentrating on the settlement of existing contracts. In Belgium there is also a significant increase in the supply of processing potatoes. The weather conditions have improved significantly this week and make it possible to drive on the fields everywhere again, so that the farmers can continue their clearing work quickly. Free quantities are currently rather rare, but are gladly accepted by the factories. Quotations in Belgium have come down significantly.Belgapom is currently quoted at 30 euros/dt, Fiwap indicates a trading range of between 30 and 35 euros for early processing potatoes, in the previous week prices of between 40 and 50 euros/dt were traded here. Trading activities remain quiet on the EEX . A settlement of 30.00 euros/dt was last determined for the April 24 contract.

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ZMP Live Expert Opinion

With the better weather comes the harvest of the last early potatoes. The fact that consumers are currently less keen on potatoes is not an issue, the market is balanced.

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