In 2020, Washington potato growers faced a staggering surplus of potatoes. In 2021, they’re banking on a revival of the food service industry, including in-person dining, improved shipping conditions and a just-opened Mexican market to help reverse the chaos left by the trade wars and Covid-19 pandemic, writes Wendy Culverwell in this news story published by Tri-Cities Area Journal of Business.
While markets normalize and consumer spending shifts back to spending on restaurants and services, there’s a lucrative spot on the potato horizon: Mexico.
On April 28, 2021, the Mexican Supreme Court issued a 5-0 decision that opens the market to fresh U.S. potatoes in a long-running case over the role of its federal government in establishing trade regulations. U.S. potatoes had been banned beyond a 16-mile stretch along the U.S. border since 1996 over concerns about plant disease.
The National Potato Council estimates exports of fresh potatoes to Mexico will grow to $200 million, from the current $60 million.
Source: Tri-Cities Area Journal of Business. Read the full story here
Photo: Courtesy Washington Potato Commission