Trade/Markets/Prices

Summer of the spud: Virginia potato prices more than double

It’s the Summer of the Potato in Virginia, where ideal growing conditions at home and poor ones elsewhere have conspired to produce a bumper crop for farmers that is fetching unusually high prices on the market. “We had timely rains during planting and growing season, but it turned hot and dry just before harvest,” said Elaine Lidholm, director of communications[Read[Read More…]

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Canadian potato growers increase acres in Manitoba and Alberta

Potato acres are up in Manitoba and Alberta this year as more spuds are needed to supply new and expanded processing plants on the Prairies. Manitoba potato growers seeded 6,000 more acres than 2018 and Alberta acres are up 5,500 acres compared to last year, based on data from a July 17 United Potato Growers of Canada report. Crop development is[Read[Read More…]

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PepsiCo should pay compensation to potato growers, demand Indian farmer leaders

Farmer leaders on Sunday demanded that PepsiCo India should pay compensation to the Gujarat potato farmers for the harassment and intimidation that they were subjected to. On Sunday, farmer leaders at a conference held in Delhi vowed to ensure that they will not allow another “PepsiCo India Vs Farmers episode” to recur in India. Earlier, food and beverages giant PepsiCo[Read[Read More…]

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Latest Canadian Potato Crop Report

Prince Edward Island Old crop is getting cleaned up. One of the main customers is still bringing in potatoes to reach the start of new crop. Acreage on the island is expected to be similar to last year. The spring was later, but Growing Degree Days really moved ahead in June with crop growth ahead of, same time last year.[Read More…]

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Subsistence potato farmers in South Africa became commercial farmers

An initiative between Eastern Cape state entities and Potatoes SA has turned former subsistence farmers into commercial potato farmers. The farmers at OR Tambo District, which includes Mthatha, Mqanduli and Ngqeleni, have multiplied their production volumes since the start of the mentorship and development programme three years ago. The Eastern Cape Development Corporation injected R3.5m into the initiative – R500,000[Read[Read More…]

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Potato farmers in the Philippines double yields with seed from Canada

Potato farmers in Benguet reported double yield when planting imported potato seeds from Canada, the Department of Agriculture (DA) said. According to a report from Business World, “farmers reported during the harvest festival that they harvested an average of 20 metric tons which at only P30 per kilo could easily earn them P600,000 in just three months and 10 days,”[Read[Read More…]

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‘Dutch potato market a bubble that’s about to burst,’ says market trader

According to Felix Molenaar of the eponymous potato company from Haarlem, the Netherlands, the table potato market is very calm. “That’s not unusual at the start of the summer,” he told FreshPlaza, but it has actually been like this since February. We had temperatures of +20 degrees Celsius for ten days back then, and the potato quickly became less popular.[Read[Read More…]

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Potatoes one of top high potassium foods

Bananas are a well-known source of potassium, but many other foods contain just as much — if not more — of this nutrient, including potatoes. Potassium is an electrolyte that helps regulate fluid and blood levels in the body. Many fruits and vegetables are excellent sources of potassium. Meat, milk, yogurt, and nuts are also good sources, but also potatoes.[Read[Read More…]

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Marketing opportunities in the US abound, potato suppliers say

Potato marketers in the Pacific Northwest of the US have multiple plans for their spuds this year, as usual. “As with most years, our goals are to assist our customers in building their business and helping solve problems by providing the best customer service we can and the highest-quality product we can grow,” said Matt Yeoman, salesman with Mount Vernon, Wash.-based Skagit[Read[Read More…]

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US based Swiss Rösti launches new brand of potatoes

US based Swiss Rösti, a start-up company based in Portland Oregon (https://swissrosti.com/) is announcing the nationwide introduction of a new three-item line of frozen Crispy Filled Potato products under its Rösti brand. This new product line is truly an original and authentic cultural food that until now has never been available to the US market. Swiss Rösti partnered with Oregon[Read[Read More…]

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Highest Agrico payout ever

Cooperative Agrico has determined the payout prices for seed and consumption potatoes from the 2018 harvest and presented them to its members, according to a report published by FreshPlaza today. Potato News Today could not find details of this information on the Agrico English language website, but wish to report that – according to the FreshPlaza article – the average[Read[Read More…]

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US potato grower-shipper companies form joint venture to consolidate all fresh-packed potato and onion sales

The Mart Group LLC., a potato grower-shipper based in Rupert, ID, and ProSource Inc., a grower-owned-and-operated sales and marketing company based in Hailey, ID, announced an agreement will combine sales teams to consolidate all fresh-packed potato and onion sales and marketing responsibilities. ProSource is currently responsible for all fresh onion sales and marketing for Golden West Produce LLC in Parma,[Read[Read More…]

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‘Retail pressure making potato farming unsustainable for growers’

Australian potato grower Matt Ryan says the supermarket giants and consumers are more responsible for low prices than processor Simplot. Tasmanian potato growers unanimously rejected Simplot’s price offer last week and are working to negotiate a new contract. But Mr Ryan said Simplot was the processor stuck in the middle of growers, consumers and retailers. “There needs to be a line drawn[Read[Read More…]

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Europatat Insights: Latest activity report now available online

The latest Europatat Activity Report is out and now available online. During the 71st Europatat Assembly General celebrated oin Oslo, the 2018-2019 Activity Report was released and distributed to members and stakeholders. This Activity Report provides an overview of Europatat’s work and the membership developments over the last year. With ten new companies having joined Europatat between May 2018 and[Read[Read More…]

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Nonpareil-Idaho Potato Packers focus on high quality Idaho Russets

Nonpareil-Idaho Potato Packers is a three-generation, family-owned packer and shipper specializing in Idaho Russet potatoes. Since the company’s founding as Idaho Potato Packers in 1946 by Harold Abend, it “has been committed to providing the best Idaho potatoes that the state can offer,” said Stephen Abend, who has been chief operating officer of the Blackfoot, ID-based company since 2014. Originally[Read[Read More…]

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Tasmanian farmers fight for potato pay as Simplot records $62m profit

Tasmanian potato growers say Simplot is not paying them enough for their vegetables, as they negotiate a new contract with the vegetable processing giant. It comes six months after the Australian reported that Simplot’s profits increased 10-fold in 2018. Simplot’s Australian division made $62.3 million for its parent company’s American shareholders last year. There are about 140 potato growers in Tasmania who[Read[Read More…]

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Colorado potato storage to finish before 2019 fresh-crop harvest

Rolling into mid-summer, Colorado’s storage potato crop is a little long on volume and, while somewhat disappointing, prices are not bad, according to James Ehrlich, executive director of the Colorado Potato Administrative Committee. Ehrlich said that Colorado packer-shippers expect to sellout their storage crop by Labor Day, which generally will mark the beginning of the 2019 fresh-crop harvest. Colorado’s potatoes[Read[Read More…]

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US potato industry wants US-Mexico-Canada agreement to pass immediately

The US National Potato Council reportedly joined with over 950 farm groups and agricultural organizations in a letter urging Congress to immediately ratify the US-Mexico-Canada Agreement (USMCA). “Canada and Mexico are two of our top three largest export markets. Passing the USMCA is essential in building on the success of the NAFTA agreement and enhancing the American jobs provided by[Read[Read More…]

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US potato industry wants US-Mexico-Canada agreement to pass immediately

The US National Potato Council reportedly joined with over 950 farm groups and agricultural organizations in a letter urging Congress to immediately ratify the US-Mexico-Canada Agreement (USMCA). “Canada and Mexico are two of our top three largest export markets. Passing the USMCA is essential in building on the success of the NAFTA agreement and enhancing the American jobs provided by[Read[Read More…]

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Lamb Weston analyst: Potato bearishness is half-baked

Market analyst Adam Samuelson upgraded Lamb Weston from Neutral to Buy with a $76 target price, according to as report by Benzinga staff writer, Dave Royse. Royse writes that with demand up, potato producers have increased capacity. But even with the anticipated increase in potato supply over the next few years, Samuelson said Goldman expects demand growth around 2% that should keep[Read[Read More…]

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Idaho potato shippers heading on Taiwan trade mission

A team of fresh Idaho potato shippers will soon head to Taiwan to develop new business relationships in the Southeast Asian market, IdahoStateJournal reports.  The foreign trade mission, sponsored by the Idaho Potato Commission, will leave for Taiwan early during the week beginning June 16 and will spend about a week overseas.  IPC President and CEO Frank Muir said representatives[Read[Read More…]

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‘Great potential’ for British potato exports to Asia

Frozen and snacking potato products are particularly in demand as Asian consumers favour western foods, according to the AHDB in the UK. Michael Barker of Fruitnet writes that AHDB’s new Horizon report focuses on Asia and aims to provide consumer insight to help British companies get a better understanding of the market. It puts the focus on three key products[Read[Read More…]

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Report: ‘All imported potatoes arriving in Belgium have been sold in advance’

According to a report by FreshPlaza earlier today, “the imported potato season is in full swing in Europe. Spain, Portugal and Sicily are now in production,” the report says. Cyprus had a lower yield than normal this year, FreshPlaza reports, and the Israeli season has now finished. Demand and supply are well-balanced, everything arriving on the market has been sold[Read[Read More…]

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Potatoes USA: ‘Opportunities for potatoes exist in retail sales’

IRI data for the January to March quarter showed many opportunities in the potato category, Potatoes USA reported earlier today. Total potato sales dollars were up by 1.4%, however, volume was down by -2.6%, according to the organization. Prices increased by 4.1% compared to year ago in all potato pricing, Potatoes USA says. “Looking at the potato category more closely,[Read[Read More…]

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Lukie Pieterse, Editor and Publisher

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