Market Report Austria KW 50/2018:

Price increases for potatoes and onions

The Austrian potato market is largely unchanged from the previous weeks. On the supply side, the market is supplied by the farmers as needed. But quality issues and intensive sortings are still on the agenda. The stocks are shrinking accordingly. Domestic sales are calmly continuing, overall at a good level.

Premium goods
Domestic demand is likely to pick up significantly in the short term as Christmas approaches. In principle, the export market should also be receptive, but this year it hardly plays a role given the scarce supply situation. Producer prices have recently changed again. In Lower and Upper Austria, potatoes are still mostly sold at €22 per 100 kgs.

For premium goods, which are currently manageable in quantity and in demand, prices have recently been raised significantly. For wireworm-free, small packable premium goods with the AMA quality seal, up to €29 per 100 kgs are paid at the moment.

Onion price increase continues
The Austrian onion market continues to do well. Domestic business is continuing at a satisfactory level. With the upcoming Christmas holidays, sales are likely to pick up significantly over the coming days. Exports continue to be in high demand. The supplies from farmers, however, remain manageable. On the one hand, many farmers are already well advanced in their marketing. On the other hand, given the current price dynamics, some companies are still waiting to market their goods. Producer prices have been raised again. For onions, cleaned and sorted in the crate, depending on quality and size, between €34 and 38 per 100 kgs were paid.



Stable carrot market
The Lower Austrian carrot market continues to be fairly well-balanced. An adequate supply is met with a satisfactory domestic demand. With the Christmas holidays approaching, domestic sales should pick up significantly. Exports are possible on an ongoing basis as well. Currently only manageable quantities are exported. With regard to prices; there is no significant change compared to last week.

Source: LKÖ


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