All latest monthly News, COVID-19 News, Fast Food/Quick Service Restaurants, News June 2020, North America, Processing, Retail, Studies/Reports, Trends

Market analyst: Frozen french fry demand in the US may be inching back quicker than anticipated

Signs are showing that frozen fry demand is improving quicker than the industry had anticipated, according to a May 27 report by North American Potato Market News (NAPMN), reads the following news item published by Produce Processing.

The lack of foodservice demand due to COVID-19 shutdowns and restrictions has created a well-documented backup in the potato supply chain. Despite being reduced to drive-thru only in many areas, Wendy’s sales were down just 2.1%, year-over-year, the week ending May 2.

In addition, fry processors moved 112.8 million pounds of freezer stocks during April, which was the largest movement during the month since 1993, NAPMN reported.

That may be related to production downtime, however. For example, a Lamb Weston plant in Washington closed temporarily last month due to an employee testing positive for COVID-19. McCain also has confirmed layoffs at Canadian facilities.

Restaurant chain sales in the U.S. improved five consecutive weeks from early April to mid-May, although were still down 21%, year-over-year in the week ending May 17.

Full report by Produce Processing here

Stockosorb 660 from Eco+

Lukie Pieterse, Editor and Publisher

[email protected]
[email protected]
Connect with me on LinkedIn
Follow me on Twitter
Visit Potato News Today on Facebook
Find us on Tumblr
About us

Kindly support our Advertisers – they make all of this possible…

Lockwood Mfg

Wyma

Parkland

Greentronics

SoilEssentials – TuberZone

Tolsma

Tomra Food

Haith

Volm Companies

Receive breaking potato news in your inbox

Folks, you are most welcome to share your email address with us if you wish to receive an email alert the moment after we publish a news story on Potato News Today.

Follow PNT on Twitter

Archive of monthly posts

Dear potato friends around the world, many thanks for taking time to visit us! Stats below…

  • 643,189