Press release of the NEPG should spread some confidence (AMI) the Association of potato growers from North-Western Europe (NEPG) estimates the consumer potato crop, so without planting, early - or starch potatoes to 28.6 million tonnes. That would be 4.4 million tonnes more than in the previous year. The increase is based on a larger area and the extremely favourable growth conditions in 2014 so the Association in a press release. The image of a high degree of supply have resulted in that the prices are falling. Despite current market malaise--or precisely - NEPG emphasizes some aspects which might positively on the value of the processing of raw material in the remainder of the season. Have already made large amounts of processing potatoes to other uses such as the starch production, the food or energy recovery. Meanwhile, the export is threesome got under way and further expectations that are high in Western and Central Europe. There are many warehouses of quality problems. Large quantities of raw material may be not suitable for processing chips. That will further restrict the future availability. Low underwater weights mean lower yields, which increases the demand for raw materials. Exports of French fries in the world market has developed rapidly in the Benelux area in the last 5 years. Processors are can make it with favorable commodity costs and excellent ability to compete with North America. More potatoes than in previous years are required as a raw material for TK fries.
ZMP Live Expert Opinion
The market situation is bearish and that will stay still awhile. Storekeeper with good qualities in the barn but given hope on better demand and rising prices for the fourth quarter of the financial year due to many problems with bad qualities. Commodity buyers don't see it yet, otherwise they would engage probably more on the derivatives market. There, the open interest, nor the course significantly in any one direction moves for weeks.