European potato market (week 30)

Low demand and prices in the last 2-3 weeks

European physical markets

Price summary €/t (source: NEPG):

Belgium

Fiwap/PCA market message:

Processed potatoes: some factors are still working with old potatoes, almost exclusively under contracts. Rare transactions at 3.00 €/q for old potatoes. There are very few transactions (lack of demand) for the new potatoes, but prices have dropped again to 3.00 €/q.

The quality of the early potatoes (Amora, Anosta, Première…) are good to very good (despite a lack of caliber/length for some batches or varieties) with average to good yields (25 to 35 t/ha), excellent weight under water (sometimes even too high), and proportions of 50 mm+ above 70% (for Amora) and often a lot higher in Rhineland.

Early Belgian potatoes: very little free trade. The factories usually have enough with the contracted new potatoes. Producer price around 3.00 €/q.

Weighted prices, (red and white varieties) at the Roeselare veiling (source: REO via PCA):

Forward market

EEX in Leipzig (€/q) Bintje, Agria and related var. for processing, 40 mm+, min 60% 50 mm+:

Netherlands

PotatoNL: also available on www.potatonl.com 

Factories are still working with contracts for old potatoes (and will continue to do so for 1 to several weeks). The free volumes go to livestock or flakes. The industrial activity recovered better than initially expected, but prices have not increased. They even dropped in the last 2-3 weeks. Transactions were between 2.00 and 2.50 €/q last week.

Dutch factories processed 274,300 t in June, which is 22,400 t less than in June 2019, but with an occupancy rate of 92%! From March to June 2020, the Dutch industry processed 972,800 t, compared to 1,284,000 t between March and June 2019 (-24%). On an annual basis (July 2019 to June 2020), processors worked 3.55 million tons, compared to 3.82 million tons a year before (-6.8%). Early potatoes for the fresh market are between 20 and 45 €/qt depending on variety, quality and destination.

Germany

Fresh market for early native potatoes: low tuberization is confirmed, also in the “Anschluβsorten” (half-early, between early potatoes and conservation varieties). Pressing calls are made to topkill in time to avoid excessive calibers that do not sell easily! The price decrease for early potatoes on the fresh market seems to have stabilized. No quotation yet for the early potatoes for processing (we do know that prices are low). The factories are still working with the old potatoes or are closed/in maintenance. A few sales are made to peelers...

Imported early potatoes: it is the end of the early potatoes imported from southern Europe...

Processing market

Fontane/Challenger: no quotation. Innovator: no quotation. Quotations for other uses (biogas, livestock feed…): 2.00 €/qt (2.00 €/q last week).

Organic potatoes: producer prices

Native early potatoes, weighted average prices, for all Länder, €/t

For more information:
FIWAP
www.fiwap.be

 


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