Potato Market Report 25th November
The outlook for the food service sector remains uncertain as the government continues to look at the options available when level 5 restrictions lift. Retail demand remains buoyant. It is estimated that over 30% of crop remains to be dug in Donegal, most other areas are finished digging with the exception of some wetter areas. Growers report that quality is very good and once again yields are significantly reduced.
In the U.K. persistent wet weather has paused lifting for some still clearing, particularly pockets of the East, Northern regions and some Scottish areas. As of 10 November 2020, it was estimated that just 2% of the planted area was yet to be lifted. This compares with 11% of the crop estimated to be lifted as at 12 November 2019.
In Europe fresh potato markets continue to hold firm. This week, export markets have shown more signs of life with demand from Africa, Spain and Portugal and also interest in best washing quality for Eastern Europe. The processing sector is even more depressed this week. Lack of export demand for frozen product has knocked confidence “totally” and there are rumours of lower values being offered for contracts for next season.
|Rooster 10 kg||€3.50||€4.00||€3.80|