The market continues to tread water however, there are some indications that demand is beginning to pick up and supply is tightening. Ambient store product will finish in the coming weeks which will then limit supply to only cold store material.
The market still remains sluggish, however, all producers are moving product and prices remain steady. Prices for peeling product has eased slightly as some UK stock has become available due to pressure to move stock from ambient stores.
There is a slight lull in the market this week as buyers have restocked post-Christmas, and sales have yet to resume to normal patterns. However, due to lower stock levels any grower who wants to move product has no problem doing so.
As last week was the first full trading week of the year, we are now seeing a pickup in sales again. All growers report good demand for product and, with few potatoes now left in ambient store there is no rush to sell. Farm gate prices are holding very firm and as the season progresses it will be no surprise to see increases to cover cold store costs.