DEMAND BALANCING SUPPLY IN POTATO MARKET

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DEMAND BALANCING SUPPLY IN POTATO MARKET
16 Aug 2017

DEMAND BALANCING SUPPLY IN POTATO MARKET

Potato

Farm gate prices of queen potatoes seem to have settled at current levels. With supply and demand in equilibrium, growers should stay patient, as all crop will move over the coming weeks.

The continuation of the unsettled weather and promotion of the queen variety in retail outlets has ensured stronger sales over the past week. There is now some new season Rooster on the main retail market with initial yields described as average. M

any growers are reporting that tuber numbers are disappointing with suggestions that there will be major differences in yield and quality depending on the region, due to planting dates, weather variance etc.

There are few quotes as of yet for new season potatoes however, deals are being done at €400/tonne in boxes.

Ex Farm Potato Prices Reported to IFA

Low High Average
Rooster Box (new season) €400 €400 €400
Rooster 10kg (old season) €3.50 €4.00 €3.75
New Season Queens 10kg €3.50 €4.50 €3.75
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