Friday, 11 December 2020
At a glance
- In the run up to Christmas, free-buy trade is said to be lacking the festive boost, with demand met mostly on contract so far.
- For some areas in lower tiers, free-buy demand has reportedly picked up for pubs and restaurants back open.
- Anecdotal reports of storage issues emerged this week, posing further concern for potatoes lifted wet quite early on.
- Free-buy trade for packing is described as ‘stop/start’ this week, with demand fulfilled primarily on contract.
- Retailers seem to be preparing for Christmas demand next week. However, uncertainty still surrounds what consumer demand will look like this year for a Christmas in ‘social bubbles’.
- Free-buy demand remains slow this week, despite moving towards Christmas.
- Despite the foodservice sector still being reasonably quiet, some reports of peeling and prepping trade have been up this week.
- Nonetheless in comparison to previous year’s at Christmas time, free-buy demand falls short and a high proportion of requirement is being fulfilled on contract.
- With the end of the transitionary EU exit period nearly upon us, exports have reportedly ramped up in preparation for reduced access to markets come 1 January 2021.
- Reports detail exports heading to Ireland, Belgium, and the Canary Islands this week.
- Supplies of King Edwards are anecdotally said to be tightening this week, but due to insufficient quotes, we are unable to publish a King Edward’s price.
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