Potato markets have been generally quiet, with demand awaiting a further easing of lockdown measures on 29 March. Following this date, the partial re-opening of hospitality venues will look to further create demand opportunity.
The opening of schools and colleges has created a level of demand for those that supply these sectors. However, reports suggest an increase in packed lunches, affecting the rate of hot meals served in canteens. Schools breaking up for Easter at the end of the month will bring a pause to demand, though some restocking could occur.
Many field conditions up and down the country have been too cold and wet for planting this week. Some on lighter soils reportedly look to restart operations this weekend, where possible.
- Packing
Packing trade is said to be relatively flat this week, with the continuation of contracted material dominating packhouse throughput. The median has dropped slightly for packing Whites this week owing to market conditions, with supply currently plentiful. - Maris Piper continues to be the chosen variety from packers, or ultimately the consumer.
- The premium from Whites to Piper has stretched further this week, at £160.00/t (median).
- This is as supply purportedly tightens for quality packing Maris Piper.
- Trade of Red supplies continues to also hold a large premium over standard packing Whites, with values holding firm around the £200/t mark this season.
Image: AHDB
Bags
This week brings some optimism to the bags trade.
This said, there are mixed reports of traded volumes. Some talk of increased movement this week, although this comes from lower-than-normal volumes. Those who have seen increased volume the last couple of weeks report it has plateaued again this week.
Agria and Markies are starting to take over the trade slightly, as top-quality Sagitta supply starts to tighten.
There has been increased reports of frying issues, with some varieties not storing as well. This is generally supporting the higher end of the market for exceptional quality material.
We could start to see the spread in prices exacerbated if storage issues become more prevalent.
For more information: ahdb.org.uk