North America, Trade/Markets/Prices, Trends

Pres of Potatoes USA: ‘Potato demand exceeds world production’

The President of Potatoes USA says worldwide demand for the tuber is outpacing production. Blair Richardson told the Wisconsin Potato and Vegetable Growers conference that 20 years ago, the U.S. controlled about 55% of the global potato export market, but now, it’s closer to 23%, as Larry Lee reports for Brownfield Ag News.

“We’ve lost a lot of market share, but during that period of time, we’ve almost doubled our exports of potatoes, so we’ve increased our exports, lost massive market share, and what that means is demand for our products is growing more rapidly around the world than we can keep up with.”

And, he says despite massive increases in European potato production, they can’t keep up with demand.

Source: Brownfield Ag News. Read the full story here
Related: Potato demand reaches pinnacle, marketing chief says
Photo: Credit Brownfield Ag News

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