Potato Weekly - 23 April 2021

UK potatoes: Mixed demand this week - free-buy packing sector quiet

There was mixed demand this week. The free-buy packing sector is reportedly quiet, while the bag trade has continued demand as businesses benefit from the lifting of lockdown restrictions.

Dry weather has meant planting has progressed well for the 2021 crop, with some even reported to nearly be complete.

It is now the time of the year where seasonal store management is starting to show, with supplies kept in top quality condition fetching a premium.

Market Commentary
Packing

  • Packing demand is still thin and mostly being covered by contracts.
  • English prices have stayed broadly in line with last week, although Grade 1 Reds and Whites both lost £10/t off their highest prices.

Bags

  • Agria supplies continue to tighten, helping to support prices.
  • Bags into coastal areas have reportedly increased over the last few weeks as mobility restrictions are lifted.

Processing

  • Free-buy processing trade is again reported to be quiet, with the demand mainly for Maris Piper.
  • Crisping prices have picked up slightly, with the expectation of a longer season due to the late spring. This has created some supply concerns.

Exports

  • Insufficient quotes this week means we are unable to publish any export prices, but there have been reports of exports to Ireland and the Canary Islands.
  • Due to seasonality, the export job to the Canaries is reported to be slow, as local potato harvest commences.

Source: ahdb.org.uk


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