Potatoes have also benefited from hamster purchases in the past week. The peak in demand has apparently already been exceeded. Since the prices for typical table potatoes, which cost up to € 24 / dt, differ extremely from the prices for fries raw materials - these currently do not even cost € 5 / dt - the food retailers and exporters have started to look at the cheaper ones Raw material.
Sales of potato products dropped dramatically because the catering industry was closed across Europe due to the corona pandemic. Even contract potatoes are no longer fully taken over. It's getting tight in the deep-freeze warehouses of the factories. The state could soon grant storage costs for French fries.
The completely changed situation also means that many farmers are rethinking their 2020 cultivation plans. This is already noticeable when selling seed potatoes.
Source
HANSA Terminhandel
