Potato Weekly - 04 September 2020

Friday, 4 September 2020

At a glance

  • The week has been described as relatively quiet across the board, with many supplies across all sectors utilised mainly on contract. 
  • Slight increase in demand for certain sectors as schools start again after many months of being shut. However, stakeholders within the industry say this is not necessarily being felt as we head into a conventionally quiet spell.
  • Better weather this week has allowed growers to continue to lift, and many have reported they’ll start burning crops off in the coming weeks in preparation for lifting.

Anthony Speight

Analyst Potatoes & Cereals and Oilseeds

Packing

  • Maris Piper is still showing small premiums over other packing varieties this week.
  • Limited price movement week-on-week for free-buy, majority of material continues to be traded on contract.
  • Most growers now able to get back to lifting after heavy rainfall in previous weeks.

Bags

  • The relatively quiet bank holiday did not see a large increase in demand for ‘top up’ bagged chipping demand. The end of the Eat Out To Help Out scheme may well see some demand shift back to chip shops and takeaways.

Processing

  • There has been a slight increase in demand at the lower end of the market, supported by schools returning.
  • The Government’s Eat Out to Help Out scheme has drawn to a close, which had helped improve demand for some processing material. Many restaurants are continuing similar promotions throughout September to try and maintain a level of demand for the food service sector.

Export

  • Export markets this week have reportedly felt some pressure, with prices constrained as people compete for trade.
  • We are only able to publish a price for the Canary Island exports. However, there have been reports of trade to Belgium and Ireland also.

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