Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

You are using software which is blocking our advertisements (adblocker).

As we provide the news for free, we are relying on revenues from our banners. So please disable your adblocker and reload the page to continue using this site.
Thanks!

Click here for a guide on disabling your adblocker.

Sign up for our daily Newsletter and stay up to date with all the latest news!

Subscribe I am already a subscriber

UK potato prices at record highs

On April 16th, the Mintec Benchmark price for English white potatoes hit an all-time high of £570/MT, marking a 90% year-on-year (y-o-y) increase. Market sources anticipate a continued upward price trend due to tightening supply in the coming months.

Meanwhile, Maris Piper potatoes are priced at £610/MT, reflecting a 144% y-o-y rise. However, trade for Maris Piper remains minimal across the UK due to limited availability. Market players speculate that the price of white potatoes may surpass the Maris Piper price before the 2024 harvest, with growers holding back stocks in anticipation of further price hikes.

Import activity into the UK persists, with ongoing shipments entering the UK from the EU, Israel, and Egypt. This follows the decision by some supermarkets to remove the Union Jack from packaging. Market sources indicate that white potato imports are priced between £520/MT and £600/MT, with the variance attributed to quality differentials.

Planting operations are underway in regions of England, predominantly on lighter soils. However, Scotland has yet to commence planting activities. Further delays would likely impact the timing of the 2024 harvest.

Source: mintecglobal.com

Publication date: