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Potato Weekly - 17 April 2020

Friday, 17 April 2020

At a glance 

  • Free-buy trade has again remained subdued across all sectors.
  • Packing market trade has remained limited again this week with most movement reported to be under contract.
  • We are hearing that some additional chip shops are considering reopening as a trial, however overall demand is expect to remain minimal.
  • The continued good weather has meant that growers have been able to continue planting with many regions in the South over half way complete. While processing and bag sectors may face an area contraction due to ongoing pressures, the packing sector may see more support.
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    Peter Collier

    Arable Analyst

    Market commentary

    Packing

    • Free-buy trade has remained limited again this week in the packing market with most movement under contract 
    • Increasing volumes of frying material are being sold into the packing market and lower end prices have been pressured as a result. For best quality, prices have remained firm despite this.
    • Unfortunately, due to an imbalance in the sample we are unable to publish any Scottish packing prices this week.

    Bags

    • We have received a wide range of quotes again this week and have been unable to publish representative bags prices.
    • There have been sales into both the chipping and the ware markets, but these remain minimal and the bag market continues to be under severe pressure.
    • We are hearing that some additional chip shops are considering reopening as a trial, although overall demand is expected to remain minimal. Ware trade has also continued this week, but the pace of demand sits below the recent peak.

    Processing

    • We have been unable to publish any processing prices this week due to an insufficient number of quotes.
      • Demand remains subdued due to the foodservice and school closures leaving little to no requirement for free-buy supplies.

      Export

      • Due to the sample size being too small this week, we have been unable to publish any export prices.
        • We have heard of light movement continuing to the Canary Islands and Ireland.

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