Friday, 21 August 2020
At a glance
- Free-buy markets continue to see pressure on prices. Increasingly available supply for markets has met a widespread muted level of demand.
- Trade has remained on a steady level, consisting of mostly repeat orders. Contracted movement continues to dominate potato markets with a smaller level of free-buy tonnage reported. Cooler temperatures brought some small instances of fresh demand.
- Frequent bands of rainfall fell across the country, though somewhat welcomed, has paused lifting for many growers. Those on lighter lands saw a day or two’s worth of delays, whilst heavier soils expecting a slightly longer delay. There has been some internal quality issues reported following crop stress with periods of hot temperatures and increased rainfall levels.
- Movement of supplies in packing markets continues to be largely on a contracted basis, as such demand for free-buy supplies is very quiet, especially for general whites.
- Set skin supplies of red potatoes remain difficult to find and so prices have risen to reflect this scarcity.
- Maris Piper continues to command a premium to other ‘white’ varieties, the well-known name is a popular choice for consumers. There has been some quality issues reported in some Maris Piper supplies.
- Prices have mostly stood on last week, with repeat orders and contracted movement forming the lion’s share of movement for bag markets this week.
- There was some very slight price increases following the temporary pause to lifting, though gains were capped by the large amount of supply available.
- Regional price differences offers a degree of pressure to markets also, with haulage prices the main factor in tonnage movement between regions.
- The ‘Eat Out to Help Out’ government voucher has resulted in some chip shops seeing a decreased level of demand with other ‘50% off’ meal options preferred.
- Processing markets have been reported as steady this week, with some better levels of demand for frozen potato products following the government ‘Eat Out to Help Out’ voucher scheme.
- Processing markets look to the return of education sectors for an increased level of demand in the next few weeks.
- Demand for Maris Piper continues, somewhat on the basis of the name being a popular option for consumers.
- Exports to the Canary Islands are continuing this week. However due to a smaller sample we are unable to publish prices.
- Exports have reportedly started the season strongly, following a poorer domestic harvest for the Island.
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