POTATO MARKET UPDATE 17th SEPTEMBER

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POTATO MARKET UPDATE 17th SEPTEMBER
17 Sep 2019

POTATO MARKET UPDATE 17th SEPTEMBER

Potato, Prices

Dryer weather this week is welcomed by areas where harvesting conditions are problematic, particularly Donegal. This dry period will hopefully aid the digging of the main Rooster crop. National Potato Day takes place on October 4th this year. National Potato Day encourages consumers to purchase Irish potatoes and growers are encouraged to support any events taking place.

An initial estimation by NPEG which represents the five biggest producing countries in Northern Europe indicates that total production is 3% higher than the running average and 12% higher than last year at around 27 to 27.5 mt’s. Average yield estimations appear to be lower than the five-year average but higher than last years drought hit figures.

In the UK there are expectations that the market will tighten as stocks are lifted into stores. Later in the season, export demand is likely to develop from Eastern Europe where drought and heavy rain has potentially restricted production.

Ex-Farm Potato Prices reported to IFA

Low

High

Average

Rooster box (new season)

400

450

425

Rooster10 kg bag

4.20

5.00

4.50

Queens 10kg bag

5.00

6.00

5.50

Pinks

€5.00

€5.50

€5.20

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