Trade/Markets/Prices

Could the global loss of food service pressure the UK’s potato processing market?

The release of the end-March stocks estimate did enable the UK domestic market to encapsulate the partial impact that the coronavirus is having on the potato industry. However, it does not allow us to paint the whole picture as we finish this marketing year and head into next season. Anthony Speight, Analyst at AHDB, wrote the following report that we gladly re-publish here.

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Belgapom Chief: ‘A new lockdown could be devastating for the industry!’

In an exclusive interview with Dan Orehov, Edtor of Potato Business, Secretary General of Belgapom, Romain Cools, talked about the current situation of potato consumption and trade in Belgium, on the background of the pandemic. Orehov and Cools also discussed the future of the Belgian potato, from farm to fork and the impact that foodservice industry closure has had so far on the overall potato business.

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Threat of cheap imports: Ballarat workers rally for local potato processing jobs

Union delegates are demanding immediate action from the federal government to protect regional jobs from the threat of cheap imports. Alex Ford reports for The Courier. Rallying at the Ballarat McCain processing plant on Friday morning with workers, McCain representatives, and federal Ballarat MP Catherine King, AMWU state secretary Tony Mavromatis said federal authorities needed to take the issue seriously before the market was flooded with European products.

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Are there signs of recovery for British potato markets?

According to a report by Anthony Speight, Analyst at AHDB, the month of May has been relatively static across the industry in general. The initial lockdown caused a divergence in demand between the retail and food service sector. Speight writes in his report: “We have since seen their respective demand stabilise momentarily and we are at a juxtaposition that relies on further uplifting of lockdown restrictions for demand to increase.”Throughout May we had increased reports of chip shops reopening. Outlets that featured on take out apps, mostly in built up urban areas have reported to have a successful customer base.

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IFA: Potato market in Ireland largely unchanged; drought a concern across Europe

The IFA reports that the market situation remains largely unchanged in Ireland. Early liftings continue this week in the country, with drought conditions hindering yields in many areas. Irrigation is a key concern for all growers at present. Drought is a key concern across Europe. The drought in the Netherlands is seen as worse than that of 1976

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Eagle Eye Produce: Potato market insights, investments, and more

Jordan Okumura of AndNowUKnow reports that “the awesome potato has been a hotter category than usual as of late, with demand spiking through the spring months. As we get our foothold in June, the potato market is finding some stability for Eagle Eye Produce, though the consumer’s passion for the produce item is staying strong.”

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The global impact of coronavirus on potato production: Examples and lessons learnt

One country that has routinely been in the news for their impressive handling of the outbreak is South Korea. In Canada, the closure of the hospitality sector in light of the coronavirus caused a significant threat to potato growers. The potato growers in the USA too have faced significant challenges with accessing markets and oversupply. This issue of excess potatoes is impacting supply chains across Europe too. Belgium is famous the world over for its fries and UNESCO list them as a Cultural Treasure. Given the closure of restaurants, including the ubiquitous fish n’ chip shops of most high streets, potato growers across the UK are struggling to sell their crop.

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US potato market shows clear pandemic effect

It was common for a fruit or vegetable to be having a good winter in terms of volume, pricing and demand, and then in mid-March, when lockdowns began, the item would see a sudden demand surge then crash. Greg Johnson, Director of Media Development for Blue Book Services reports. Johnson writes that no produce item shows this pandemic effect as clearly as potatoes, whose average F.O.B. price has been about half of what it was in early March, as demand has been significantly damaged by restaurant, school and institution closures.

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The popular ‘New Zealand’ foods made overseas, including Wattie’s potato Pom Poms

Think your favourite food is made or grown in New Zealand? Brace yourself for some bad news. In the aftermath of the coronavirus lockdown, many Kiwis are making a conscious effort to support local businesses and brands. News that Wattie’s Potato Pom poms are made in Belgium, its apricots are sourced from South Africa, and its asparagus from Peru may be hard to swallow.

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Potatoes NZ request ‘Emergency Measures’ to ban EU frozen fry imports

Potatoes New Zealand is asking the New Zealand government to give urgent consideration to imposing short-term measures limiting the importation into New Zealand of heavily discounted frozen potato chips to avoid a food security threat. This follows the Australian Potato Industry’s move to do the same. Globally, the disruption of supply chains, and particularly sales to hospitality, by virtue of COVID-19 restrictions has led to the complete collapse of potato prices in major production centres, in particular the European Union (EU).

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Australian potato farmers outraged as $1billion COVID-19 cash splash is given to European colleagues

Australian potato farmers are outraged to discover a $1billion COVID-19 assistance package given to European growers could result in a flood of French fries into the market from overseas. An industry representative body for vegetable and potato growers, AUSVEG, said an influx of about 2.6million tonnes of excess potatoes into Australia would lock farmers out of the fast-food industry. The two biggest potato processors, McCain Food and Simplot, have been working with AUSVEG alongside other companies to address the issue

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Ireland imported 72,000 tonnes of spuds

The importation of thousands of tonnes of potatoes and other foods worth billions of euro highlights the need for a greater focus on food sustainability by the next Government according to a Laois-Offaly TD. According to the CSO, Ireland imported 72,000 tonnes of potatoes, 47,000 tonnes of onions, 29,000 tonnes of tomatoes, 23,000 tonnes of cabbage and 15,000 tonnes of lettuce in 2017.

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World Potato Markets: Assessing a season like no other

The coronavirus has disrupted the global potato market like no other single event before it, but there are some signs things settling at least a new normal, according to Cedric Porter, editor of World Potato Markets. World Potato Markets has just published its annual review of production, prices and trade. Potato News Today readers can enjoy a special purchase rate.

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Aussie potato growers spitting chips over European fries dumping threat

Australian potato growers are digging in for an anti-dumping fight with Europe as it reportedly threatens to flood the local market with frozen French fries. AUSVEG said potato growers faced big losses if large volumes of processed potatoes were imported from Europe as a consequence of a €650 million ($1.08 billion) COVID-19 assistance package.

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US potato exports begin to slow

The world-wide coronavirus pandemic is impacting U.S. potato exports, as seen in the figures for March, according to Potatoes USA. In a press release issued today, the organization says U.S. exports of frozen potato products were off 12% in March 2020 compared to 2019. Exports of dehydrated potatoes were off 16%, and fresh were off 13% from the previous year.

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Potato prices reach record high in NZ as Covid-19 affects industry

Statistics New Zealand said today that prices rose 18 per cent in April to a weighted average price of $2.51 per kilo – an all-time high. “Higher demand and a shortage of potato pickers, many of whom stayed home due to fear of the COVID-19 virus, could explain this large price increase,” consumer prices manager Bryan Downes said.

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Why Wisconsin potato farmers could be in trouble

As of now, potato farmers in Wisconsin haven’t been hit too bad by the coronavirus. They’re going to be hit this Fall, according to a report by WHBL Radio. The problem for Wisconsin growers is that a lot of the state’s potatoes have gone to the fresh produce side of the industry. That’s totally fine for now, but once Fall hits and you have the potatoes from the Midwest and the ones coming from the Western states, it’s going to be an issue.

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The potato portal: New buyer and grower ‘match-making’ website goes live

AHDB in the UK has launched a new portal to help put potato growers and wholesale buyers in touch with each other. The portal will act as a ‘match-making’ site for growers and merchants to find each other, with any trade taking place directly between them. Growers can view any requests on the portal from merchants and/or post available stocks of potatoes. Merchants can view available stocks from growers and/or post requests for specific varieties and/or volumes of potatoes.

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Restaurant-grade gourmet potatoes go on sale in Tesco to ease glut

Gourmet potatoes favoured by top chefs and typically found only on the menus of high-end restaurants are to go on sale in Tesco this week to avoid them going to waste, according to news report by The Guardian in the UK. The move aims to ease a glut of fresh potatoes in the UK, with thousands of tonnes unused since the government ordered the closure of hospitality businesses on 23 March.

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Aussie potato growers supported by public at farmers’ markets

Many industries have faced changes due to COVID-19, including potato growers. With the Great Trentham Spudfest in Victoria, Australia cancelled earlier this month due to coronavirus restrictions, the region’s growers were left without one of their biggest opportunities of the year to sell their produce. But they, along with other growers around Ballarat, have all found ways to continue selling their potatoes to the public.

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Lukie Pieterse, Editor and Publisher

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