Trade/Markets/Prices

Record breaking Potato Expo 2020 focuses industry on the future

From Jan. 14 through 15, more than 2,000 U.S. potato growers and industry members from a dozen countries turned out for Potato Expo 2020 at The Mirage Hotel and Casino in Las Vegas, Nev., to do business and prepare their operations for the future. Now in its 12th year, the annual Potato Expo has become the largest meeting of its kind[Read More…]

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Potato Expo calls Vegas home to talk future of spud business

Thousands of growers are in Las Vegas for the 2020 Potato Expo. The event is the largest conference and trade show for the potato industry in North America. This week, those in the potato industry are in town at the Mirage hotel-casino and discussing the future of business. The potato expo offers educational programming and numerous sessions featuring experts from the industry[Read[Read More…]

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Potato harvest mixed across the Northwest US

According to NASS it was a mixed year for potato producers across the Northwest of the US, Washington Ag Network reports. Potatoes planted in Idaho totaled 310,000 acres, down 2% from 2018, the report says.  Harvested area, at 308,000 acres, is down 2% from last year.  Production totaled 131 million cwt, down 8% from 2018.  Yield is estimated at 425[Read More…]

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US potato exports increase

US potato exports were on an upswing during the first quarter of the 2019-20 marketing year, according to a report published by Potato Country magazine. This continues the growth seen at the end of the last marketing year and is in despite of continuing trade issues in Asia, according to the report. These figures reflect potato and product stocks coming[Read More…]

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The 2020 Potato Expo is underway

This week many of the nation’s potato farmers are gathered at the Mirage Hotel in Las Vegas for the 2020 Potato Expo. Attendees are discussing all the issues that are impacting the U.S. potato industry here this week. Attendees will also work on policy to address issues impacting the potato industry. Larry Aslum, president of the National Potato Council, said,[Read More…]

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National Potato Council in the US launches new Eye on Potatoes podcast

Kicking off the 12th annual Potato Expo, held Jan 14-15 in Las Vegas, the National Potato Council announced the launch of its new podcast, Eye on Potatoes. The podcast, available on Apple Podcasts, Spotify, and Google Podcasts, provides a platform for growers throughout the country and policy makers in Washington to learn about industry policy priorities and hear from growers[Read More…]

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Lamb Weston's Board chairman buys more shares

Chairman of the Board, William G. Jurgensen reportedly acquired 18,000 shares of this packaged foods company, paying $92.01 per share for a total amount of $1.66 million. Mr. Jurgensen increased his stake by 14.00% to 146,536 shares with this purchase. According to a report published by Seeking Alpha, “it is a little surprising to come across a company that focuses[Read More…]

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Canada: Peak of the Market's 'Potahto Week' event returns

Registration is now open for restaurants hoping to be crowned champion during the 3rd annual Potahto Week presented by Peak of the Market in Winnipeg in Canada’s Manitoba province. The 10-day event challenges restaurants to put forward a signature dish made with Manitoba grown potatoes and lets the public vote on their favourite creation. According to Larry McIntosh, President and[Read More…]

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US: Maine's potato universe

Potato-eaters this month are getting a chance to try a new variety that hasn’t been seen in New England before, the result of a partnership between Fryeburg’s Green Thumb Farms and Hannaford Supermarkets. If it works, you may eventually find new kinds of potatoes in a wider range of Maine stores. Mike Hart, director of sales and marketing for Green Thumb Farms[Read More…]

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Report: Potato Chips Market Overview in the United Kingdom

IndexBox has just published a new report: â€˜United Kingdom – Potato Chips – Market Analysis, Forecast, Size, Trends And Insights’. Here is a summary of some of the report’s key findings. The revenue of the potato chips (french fry) market in the UK amounted to $686M in 2018, dropping by -4.6% against the previous year. This figure reflects the total revenues[Read More…]

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Ireland: 5% of potato crop still in the ground

The Irish Farmers’ Association (IFA) estimates that 5% of the potato crop across the country remains in the ground. That said some farmers have a lot more acres remaining than others, depending on the weather they were greeted with in the past few months. At the beginning of December, 15-20% of the potato crop remained in the ground as the[Read More…]

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Farm Frites plans to build a french fries plant in Kazakhstan

Netherlands based company Farm Frites Beheer B.V. reportedly plans to build a french fry processing plant in the Zhambyl region in Kazakhstan during the next two years. According to a report issued by the Dutch Ministry of Agriculture, “the total cost of the project for the construction of an export-oriented factory for the production of french fries is $145 million.[Read More…]

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Potato war: Colombia takes anti-dumping measures against European frozen french fries

In October of last year, the European Commission (EC) lodged a complaint with the World Trade Organisation (WTO) about the import tariffs Colombia has imposed on frozen french fries from Germany, Belgium, and the Netherlands. According to the European Trade Commissioner, Cecilia Malmström, the European Union (EU) considers this South American country’s anti-dumping measures to be ‘entirely unjustified’. The dispute[Read More…]

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EU COOL rules can be difficult to sort through

An access to information and privacy request acquired by The Western Producer shows how complicated the Comprehensive Economic and Trade Agreement is to sustain. A Nov. 30, 2018, email between Agriculture Canada staff included a background document on Poland’s move to introduce mandatory country-of-origin labelling for fresh potatoes, despite the Canada-European Union trade deal’s tariff elimination for fresh potatoes. The[Read More…]

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Lamb Weston sees strong second-quarter sales volume growth

Improved sales volumes in Lamb Weston, Inc.’s Global and Foodservice business units propelled the potato processor’s net income up 18% during the second quarter of fiscal 2020, according to a report by Baking Business. Net income for the quarter ended Nov. 24, 2019, totaled $140.4 million, equal to 96c per share on the common stock. It was an increase when[Read More…]

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Potandon’s Gabriel Boldt talks about the current ‘state of the pile’ for potatoes

From planting time through harvest, 2019 presented some difficult challenges for growers for potatoes and many other crops in the state of Idaho and across the country, according to Gabriel Boldt, potato variety operations manager at Potandon Produce LLC in Idaho Falls, ID, the nation’s largest shipper of table stock potatoes. This year, “the whole United States has been affected[Read More…]

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Analyst Insight: How tight does the British potato market look?

This autumn has been the wettest across England since 2000 and the fifth wettest on record. These conditions have hampered lifting across GB, with progress particularly slow in Yorkshire and the North of England. What impact might this have on supply levels for the coming season? Much depends on the sector, as Aidan Wright, Analyst at AHDB explains in this[Read More…]

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UK: Shoppers urged to buy ‘less-than-gorgeous’ potatoes from flood-hit producers

Bags of potatoes grown by flood-hit producers are carrying special blue stickers to encourage shoppers to buy them despite their less-than-perfect appearance. Potato growers – mainly those in Lincolnshire, Norfolk and parts of Yorkshire – have been badly hit by crop damage after suffering the worst flooding since 2012. Tesco said it will sell packs of potatoes grown in the[Read More…]

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China: Nice weather boosts struggling potato industry

According to a recent GAIN report (USDA), potato farmers in China are expected to reap a bumper harvest, with fresh potato production increasing by 5 percent year on year in marketing year 2019/20. Favorable weather in key growing regions will boost China’s processed potato production, particularly in the fast-growing area of frozen french fries. China’s additional tariffs on U.S. processed[Read More…]

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Weather issues affect US potato crops

Weather issues during the 2019 growing and harvest season had potato prices soaring during the pre-holiday period, with little change expected after the first of the year, marketers said. A hard freeze swept into Idaho in October and affected some of the crop, although most spuds across the state had come out of the ground by then, said Ross Johnson,[Read More…]

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Wada Farms organic programs continue to grow

With demand for organically-grown produce continuing to increase, Wada Farm Marketing Group LLC in Idaho Falls, ID, made a commitment several years ago to greatly expand its organic offerings across all of its product lines. That effort is ongoing, as the company continues not only to increase its volume of organic products but also to extend availability, with a goal[Read More…]

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Maine Potato Board preps for exciting season ahead

The Maine Potato Board is aiming to continue its winning streak by following up on last year’s very successful season with one that is nearly as good. “We’ve just been over a long harvest that went much longer than we hoped, but that being said, we got the crop out of the ground and I think it’s a quality crop[Read More…]

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Lukie Pieterse, Editor and Publisher

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