Potato Market Update 7th April
Retail demand was buoyant over the Easter period and the food sector service continues to trade at a minimum. There was good early planting progress over the past week, although growth rates are hampered as it remains very cold over night with sub-zero temperatures. Reports indicate that Kerr Pinks and Records varieties are very scarce and commanding a premium price.
In the U.K. plantings are progressing well following a period of warmer weather. The easing of lockdown restrictions across England this week, alongside good weather seen by many, has energised some demand for chipping potatoes.
Across Europe, another series of lockdowns is stifling demand and the main processors are keeping their requirements almost solely to contracts. Despite improved sales, prices in the fresh sector are showing signs of downward pressure as growers push for sales. It is estimated that stocks in the five main producer countries in North West Europe – which includes the U.K. – are 900,000 tonnes higher than last year.
|Rooster 10 kg||€3.30||€3.80||€3.50|