01.
09.20
12:25

Market equilibrium on the potato market is far from in sight

Cooler night temperatures now make it possible to move potatoes to long-term storage. With falling prices for table potatoes and the lack of demand for free fries raw material, many farmers use the favorable weather to harvest and fill their warehouses. Before the end of this year's potato harvest, the supply of potatoes will probably exceed the demand. In order to reduce the quantity surplus in Holland, free fries raw material is almost exclusively supplied to the secondary market (feed, flakes, starch). These “new customers” can expect extensive deliveries for a long time to come. Since the end of the lockdown, the chips factories have gradually increased the utilization of their capacities, but a market equilibrium is not in sight until the end of the harvest. The further development of the market will then depend on how the pandemic develops.

Source
Hansa Terminhandel GmbH
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