Friday, 6 March 2020
At a glance
- The potato trade this week continues to be reportedly quiet, with many repeat orders noted. Demand for top quality supplies also continues, though large supplies are difficult to source for the right price. Plenty of recently lifted supplies are seen on the market.
- This week, with a new month comes a new contract period, and so reportedly many packing orders continue to be fulfilled with contracted material.
- The sodden ground is delaying old-crop lifting and new-crop earlies planting, with reportedly some planting schedules around two weeks behind currently. Access to fields is limited for some, with field work still also needed in places. There could be delays to the earlies harvest if weather problems persist.
End of January stocks, drawdown and market implications
Grower held potato stocks at the end of January 2020 are estimated at 2.13Mt. This is 15% more than last season and 3% more than the 5 year average (2014-2018). This increase in grower held stocks year-on-year comes despite the end of November estimates standing at the lowest levels since 2012.
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