20.
09.24
News about the potato market

Potatoes News, 20th / Sep / 2024

Bullish
  • Yield per hectare lower than in the previous year
  • Retail promotions stimulate demand for table potatoes
  • Increased export demand expected
Bearish
  • Sufficient availability on the market
  • Goods are crowding onto the market due to a lack of storage stability
  • Demand for table potatoes still weak at present

The current optimal weather conditions are allowing for rapid harvest progress. Accordingly, the potato harvest is in full swing in this country. Overall, the domestic harvest is locally satisfactory, although the yield per hectare is lower than in previous years. Domestic offerings are currently dominating the market. The selection of varieties has once again expanded slightly. The unloading of French produce has also intensified. Availability was sufficient to cover demand, which was not too high. Quotations therefore often remained at the previous level and below the previous year. Many producers are selling their produce directly instead of storing it over the winter. The wet summer means that storage stability cannot always be guaranteed due to late blight. 

Producer prices for table potatoes in this country have fallen slightly, but a bottoming out can be seen. Although consumer demand is still relatively restrained, a significant upturn in demand is expected as a result of cooler temperatures and promotional campaigns by food retailers. Increased storage activities by producers are also making a noticeable contribution to easing the market. Producer prices are expected to stabilize in the coming weeks, as export demand is also on the rise.

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ZMP Live Expert Opinion

Potato harvesting is in full swing in this country. Overall, the domestic harvest is locally satisfactory, although the yield per hectare is lower than in previous years. Prices have often remained at the previous level and below the previous year. Many producers are selling their produce directly instead of storing it over the winter. Promotional campaigns by food retailers can stimulate demand for table potatoes.

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