Potato Weekly - 25 September 2020

Friday, 25 September 2020

At a glance

  • New restrictions introduced within UK that came into force on Thursday have sparked anxiety that there could be a strangulation of demand within some sectors of the industry.
  • With confidence muted, procurement for potatoes is on a weekly basis as people sit tight to see how these new measures affect demand.
  • At the moment demand and prices have been relatively flat,  not changing much from last week.
  • With precipitation expected across the British Isles growers continue lifting. Many are lifting into store due to the depressed market.
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Anthony Speight

Analyst Potatoes & Cereals and Oilseeds

Market Commentary

Packing

  • Packing demand is similar to last week, with the majority of retail fulfilled on contract.
  • Maris Piper is reported to have been fetching a premium over regular whites.
  • There have been some anecdotal reports of minor damage and bruising to potatoes being lifted.

Bags

  • Orders remain the same for last week. Although there are anxieties that latest lockdown measures will cause people to purchase week-to-week to ensure zero waste.

Processing

  • Majority of processing trade this week has been fulfilled on contract.

Exports

  • There has been a flurry of exports this week to Belgium, Ireland and the Canary Islands.
  • Export demand to the Canaries is strong with King Edwards in high demand on the island.

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