Potato Market Update 23rd February
Markets remain quite static in comparison to this time last year when the various lockdown measures were in place. Plantings of early crops have halted as ground conditions have become very wet over the past week. Once again, growers are reminded to grow for their markets and be cognisant of markets as the economy reopens following the pandemic. Reports indicate that peeling price is in the range of €170-€220/tonne.
In the U.K. plantings have also ceased this week following a very wet period. It is reported that best quality M.Piper are becoming harder to find as fry colours start to deteriorate but buyers and particularly exporters to Ireland continue to look for the best.
In Europe physical prices remain firm and buyers are seeking to purchase blocks at a premium for April delivery.
In Cyprus – Very little Winter crop Spunta has been harvested over the last eight weeks and some traders in the U.K. will run out next week. Exports to the U.K may continue but quality will be a deciding factor and the “local” market in Greece may be a safer option.
|Rooster 10 kg||€4||€5||€4.50|
|Queens 10 kg bag||€5||€6||€5.50|