Trade/Markets/Prices

US: Potato processors may lean on Canada to fill export orders

A weak loonie and shipping disruptions at the Port of Seattle could in-crease demand for Canadian potatoes in 2015, says a spokesperson for the United Potato Growers of Canada. Potato acres have fallen by 25,000, or 6.7 percent, during the last three years as processing companies such as McCain’s and Simplot shifted production to lower cost regions such as the[Read[Read More…]

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Bangladesh: Russian team to inspect pest-free potato exports

A team from Russia is likely to call in Bangladesh in the second week of April to assess the country’s capacity of controlling plant diseases and exporting disease-free potato, said a senior official of the agriculture ministry. The team may visit Bangladesh from April 6-11, said Anwar Faruque, director general of the agriculture ministry’s seed wing. The development comes after the agriculture[Read[Read More…]

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US: Settlement expected by April 3 in ‘potato cartel’ case

A settlement is near in the massive class action price-fixing lawsuit filed in 2010 by wholesalers, retailers and consumers against the United Potato Growers of America and individual growers. In a March 18 order, B. Lynn Winmill, the chief judge for the U.S. District Court in Idaho, put the case on hold until April 3 “pending the filing of settlement[Read[Read More…]

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UK: First-half profits down for potato supplier Produce Investments

Potato farming and supply firm Produce Investments plc has reported a 9.9 per cent fall in first-half sales in what were “very challenging market conditions”. The group notes revenues for the 26 weeks to December 27 were down 9.9 per cent to £80.76 million, “driven by a combination of lower selling prices and a decrease in volumes”. The company said it closed[Read[Read More…]

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India: Potato exports jump over two-fold

India’s potato exports jumped more than two-fold during April-December period of this fiscal to 250,000 tonnes. The country had exported 118,000 tonnes in the year-ago period. According to data compiled by the National Horticultural Research and Development Foundation (NHRDF), potato exports stood at 2,500,781 tonnes during April-December of 2014-15 fiscal against 1,180,158 tonnes in the corresponding period of the previous fiscal.[Read[Read More…]

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India: West Bengal plans freight subsidy for potato export

If high potato prices had led West Bengal Chief Minister Mamata Banerjee to stop supplies to neighbouring states last year, this time a bumper crop has prompted the state government to roll out subsidies and minimum support price (MSP) for increasing potato consumption. The state government has decided to provide railway freight subsidy of Rs 50 per quintal to potato[Read[Read More…]

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Russia permits Scottish seed potato import

Rosselkhoznadzor (Russia’s phytosanitary watchdog) has permitted import of seed potatoes from Scotland. Rosselkhoznadzor officers have finished a lab inspection of samples of seed potatoes taken from a Scottish farm on February 25-28, 2015. You are unauthorized to view this page.

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Latest British Potato Trade Association newsletter now online

The British Potato Trade Association (BPTA) recently published a newsletter – it can be accessed from the Association web site – follow this link. BPTA describes itself as “the representative body for the British Potato Industry.” The bulk of the tonnage of seed potatoes traded in Great Britain for both the home and export markets (between 250,000 & 300,000 tonnes[Read[Read More…]

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US potato industry on the offensive

US potato exports are under siege – the West Coast port slowdown, a large European crop and the strength of the U.S. dollar – has the potato industry on the offensive and is the focus of the 2015 US Potato Board annual meeting, which starts March 11. More You are unauthorized to view this page.

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Scottish seed potato sector on track for record

The Scottish seed potato sector is on track for a record number of exports this year. According to Scottish Government figures, 81,968 tonnes of seed have been exported to non-EU countries since July 2014, with another 3,000 tonnes expected to be exported by the end of the season in June. Exports are already up on last year, when nearly 78,000[Read[Read More…]

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India: Potato prices crash in Bengal on bumper crop

A bumper crop, coupled with weak demand from other States, has led to a free-fall in potatoes prices in West Bengal. The eastern State is the second largest potato producer after Uttar Pradesh. About 40 per cent of the total production is exported to other States. According to sources, potato production in the State is expected to touch 110 lakh[Read[Read More…]

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Indian potato minimum export price scrapped as domestic prices stabilize

The Indian government has relaxed the minimum export price (MEP) on potatoes that was initially introduced last June to stabilize domestic supply and contain inflation. Eight months later the availability of the country’s staple vegetable has increased and domestic prices eased. On June 26, 2014, an MEP of US$450 per metric ton (MT) was introduced as prices had increased by[Read[Read More…]

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US: Columbia Basin potato processors suffered from strangled ports

Columbia Basin potato processors slowed down during the West Coast port impasse, making fewer potatoes into french fries, hash browns and other potato products shipped around the world. Dockworkers reached a tentative contract agreement Friday, but the backlog at the ports could take months to unjam. Washington and Oregon potatoes processed as of the end of January dropped by about[Read[Read More…]

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British potato growers urged to tackle ‘painful’ oversupply

Two seasons of oversupply are causing “great pain for potato growers, according to Potato Council chair Fiona Fell. Twelve months ago, Potato Council’s ‘Market Dynamics Report’ highlighted that 2013 year-on-year retail volume sales had fallen by 8 per cent – the equivalent of 133,000 fewer tonnes. However, in 2014, just over 121,000 hectares were planted in again in Great Britain,[Read[Read More…]

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Spain (A Limia): Half of potato harvest still unsold

“In terms of sales, A Limia’s potato campaign has so far been one of the worst on record. If this year the situation remains similar as that of the 2014/15 season, I can guarantee that 60% of A Limia’s growers will abandon their productions,” says Servando Álvarez, of the Instituto Galego do Campo. A summary of what a number of agricultural unions have[Read[Read More…]

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Spain: 12% increase in potato production during 2014 campaign

The disastrous 2014 potato campaign, as far as prices are concerned, has officially come to an end for the Ministry of Agriculture, Food and Environment with a 12% increase in production volumes, reaching 2,467,596 tonnes, compared to the 2,199,595 of 2013. This increase is largely due to improved yields per hectare, as the acreage has grown by 6%, reaching 75,774[Read[Read More…]

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KFC Japan runs out of fries, halts sales

Kentucky Fried Chicken in Japan has stopped selling fries as a U.S. labor dispute that has crimped vital potato exports from the West Coast took another bite out of the Japanese fast food market. The chain became the latest casualty of a chip shortage that forced McDonald’s Japan to temporarily ration servings. “Due to the prolonged dockworkers’ disputes on the[Read[Read More…]

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Looming potato shortage for Russia

When Putin announced the boycott in the summer of 2014, he knew he could count on a good harvest. Local fruit and vegetables were available in abundance, and the country generally succeeded in finding new suppliers, for instance in China, Turkey, Israel, Morocco and the southern hemisphere. For the coming months, however, a potato shortage is looming. In the near[Read[Read More…]

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US: Port slowdown will have longterm effect on potato industry

On Friday ag industry folks were notified by PMA that labor would not be working at the ports over the weekend. Matt Harris with the Washington State Potato Commission has been taking calls from potato growers here in the state about the uncertainty now facing the 2015 potato crop due to the port slowdowns.Source: www.aginfo.netSee on Scoop.it – Global Potato[Read[Read More…]

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UK: Potato price wars hit Produce Investments

Supermarket price wars are taking their toll on Produce Investments, the Berwickshire-based potato grower with an Alternative Investment Market listing. The company said: “Both the value and volume of fresh potato sales have been negatively impacted during the last 12 months. In order to compete with the discounters the big four retailers have had to invest significantly in lower retail[Read[Read More…]

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UK: Essex potato farmers fear for future as exports are turned away

THE multi-million pound potato industry in Essex could collapse because of a sudden blockade on exports to the Canary Islands. The county’s growers send about 30,000 tonnes of Essex potatoes, believed to be roughly 90 per cent of their stock, to the Spanish holiday islands every year.Source: www.essexchronicle.co.ukSee on Scoop.it – Global Potato News You are unauthorized to view this[Read More…]

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