POTATO MARKET UPDATE 19th AUGUST

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POTATO MARKET UPDATE 19th AUGUST
19 Aug 2020

POTATO MARKET UPDATE 19th AUGUST

Potato, Prices

The potato market has been quieter as of late but this is typical for the time of year. Demand will return to normal as we approach September. Queen stocks are low at this stage, with the market stabilized at current price levels. Quality and DM levels have been excellent this season which has boosted sales. With some retailers programmed to sell washed set skin product this should move the bulk of the remaining Queen stock.

Liftings of new season Rooster are continuing with reports that quality is fine but tuber numbers are low. Prices are in the range of €500 to €550/t in tonne boxes. Most retailers will have converted to new season in prepacks by the end of this week. New season Irish salad potatoes are also arriving on the shelves. The 7.5kg packs will probably remain in old season product until these clear in early September.

In the U.K, markets remain subdued with most buying being done to contract. The fresh chip market is still below par due to the impact of Covid 19. This has also impacted the market here in Ireland due to cheap UK imports and a weaker sterling which are undermining local grower prices.

Ex-Farm Potato Prices reported to IFA

  Low High Average
Rooster box (New Season) €500 €550 €525
Rooster 10 kg (New Season) €6.00 €7.00 €6.50
New Season Queen 10kg bag €6 €8 €7

 

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