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Europe: Potato prices tumble, under weight of supply glut

Ideas of a glut are provoking a slump in potato prices in Europe, with benign weather improving hopes for output already raised by increased sowings – potentially in Belgium to the highest since the 1980s. Prices of processing potatoes in the Netherlands have fallen to E40-56 a tonne, down from E90-109 a tonne two months ago – and from values approaching E300 a tonne a year ago, according to the UK's Potato Council.

Source: www.agrimoney.com

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Lukie Pieterse, Editor and Publisher of Potato News Today

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