13.
09.24
News about the potato market

Potatoes News, 13th / Sep / 2024

Bullish
  • Slightly higher demand in Munich
  • Friendly trends on the EEX
Bearish
  • Lower qualities depress prices
  • Above-average supply of table potatoes
  • Higher availability puts pressure on price structure
  • Surpluses from the early potato harvest
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Domestic offerings are currently dominating the potato market. The range has expanded again, with a number of new varieties being added. This increased availability has led to slightly falling prices in many places. In particular, heat-damaged or qualitatively problematic products have to be offered at reduced prices.

Although there has been a slight improvement in demand in Munich, this has had no significant impact on price assessments. Market prices for table potatoes continue to fall, mainly due to the above-average supply compared to demand. In addition to the large quantities from the harvested follow-up varieties, surpluses from the early potato harvest are also putting pressure on the market.

In addition, growing concerns about quality are causing a further increase in supply, while demand has been dampened by last week's high temperatures. It remains to be seen whether this week's lower temperatures can lead to a revival in demand. On the EEX, however, commodity futures market quotations are showing friendly trends, with slight price gains in the most traded April 25 futures contract since the beginning of the month.

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ZMP Live Expert Opinion

Domestic offers currently dominate. Increased availability has led to slightly falling prices in many places.

Market prices for table potatoes continue to fall, which is mainly due to the above-average supply compared to demand. In addition to the large quantities from the harvested follow-up varieties, surpluses from the early potato harvest are also putting pressure on the market.

However, commodity futures market prices on the EEX are showing a positive trend, with slight price gains in the most traded April 25 futures contract since the beginning of the month.

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