According to a market analysis presented at the 33rd Weuthen Potato Day, the harvest this year will be below average. A harvest of between 10.25 and 10.75 million tonnes is expected. In the previous year it was 10.7 million tonnes. The weather conditions in the cultivation and growth phase as well as the small cultivated area are given as the reason for the harvest quantity. Demand for free quantities on the processing market is currently low. The factories make use of contract goods well into November. However, the massive drop in prices was slowed down this week. The Reka has lowered its quotation for types of fries by one euro to 19 euros/dt compared to the previous week. Belgapom is quoted unchanged at 17.50 euros/dt for early varieties. In Belgium, growers' associations and producer groups are still reporting that the recent weather has had a positive impact on many important varieties, with Fontane leading the way. The yields in the trial clearings have increased significantly. Challenger is now also expected with better yields, the main harvest of this variety will start in about two weeks. Trading activity on the EEX continues to be calm.8 contracts were traded today, the closing price today is 25 euros/dt for the April contract. The recent rains have delayed the harvesting of table potatoes, resulting in regional delivery bottlenecks, which is why increased national shipping was necessary. The quotations continue to fall.
ZMP Live Expert Opinion
The prices remain under pressure. The main harvest is about to start and is causing corresponding price pressure. The momentum has slackened, but one cannot yet speak of stability.