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Market Report Austria CW 28/2019:

'Stable price situation for potatoes, onion prices lower again'

The heat wave is over now, but the problems on the Austrian new potato market remain. This weekend's precipitation in Lower Austrian growing areas were neither nationwide nor enough. The dryness and the associated pest pressure thus continue to be a topic in many places. The yield per hectare in Lower Austria remains unchanged at a disappointing 20 to 25 t. The recent heat period quickly ratcheted up the new potato stocks, meaning that no appreciable earnings growth is expected any more.

Supply pressure is coming into play in spite of the holidays due to a low domestic demand. Producer prices have held up well, on last week's levels. In Lower Austria and Burgenland, 40 euros / 100 kg were being paid at the beginning of the week. The situation in Upper Austria remains unchanged. With quite passable yields and a satisfactory sales situation, the prices were at 45 Euro / 100 kg.

Onion prices lower again
The Austrian onion market continues to weaken. The winter onion harvest is progressing rapidly and the available volumes are plentiful. The demand side, on the other hand, is modest. In the local food retail trade, the turnover is low due to the holidays. The onion prices of the new crop have continued to decline over the last week. At the beginning of the week, prices were between 35 and 40 euros / 100 kg, depending on the quality.

Calm carrot market
On the Lower Austrian carrot market, a moderately rising supply is easily meeting the demand, which is low, again due to the holidays. The available quantities are sold primarily in local food retailing. For carrots of the new harvest, prices for a 5-kg bag, are at 40 to 45 euros per 100 kg.

Source: LKÖ

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