First potato trading pool in Belgium opened

Based on this year’s harvest, the potato pool of RTL Patat has started, the first potato company to do so in Belgium. This season also shows that there’s a need for this way of trading. The sector is plagued by severe drought, but Remy Tanghe of RTL Patat expects the main harvest to be good. Late last year, potato company RTL Patat announced they were starting a potato pool. A potato pool is quite common in the Netherlands, but the company from West-Flanders is the first to start this in Belgium. “Normally, a grower wants to sell their product at as high a price as possible, and a buyer wants to buy it is cheaply as possibly. With the pool we want to look after the interests of our growers. It’s a different way of trading. The growers who have joined us are rewarded with a percentage of the payout price, with which we guarantee them we’ll do everything to achieve the highest possible price,” says Remy Tanghe. More