Potato market report week 1

'Supply was stong and sufficient to meet the demand'

At the start of the year, business began quietly and on a well-know track. The New Year's euphoria faded as a result of the still weak out-of-home and food service activities in the region. Supply was confident and sufficiently in line with demand, so there were no significant changes to report. Newly sourced Annabelle or even Spunta from Cyprus were now on offer in all markets. In Hamburg, the first attractive Nicola from Cyprus were also traded. Domestic tubers, however, continued to set the tone on all markets, according to the BLE.

Rhineland-Palatinate: Price situation unchanged for now
Supply and demand are well balanced, according to the Rhineland-Palatinate Chamber of Agriculture. Retailers are is repeatedly advertising with special offers, sometimes in small containers, from €0.40/kg. The price situation is unchanged for the time being. However, desired price adjustments for cold boxed goods remain under discussion. Early potato planting in Spain could be done in time, so that correspondingly timely deliveries are expected.

Hesse: Calm market situation, stable prices
A quiet market situation and stable price trends are continuing on the potato market. Despite an increased sorting effort, supply can comfortably meet demand, which has been normal to date. Producers are hoping for price stabilization for top qualities. However, the stricter Corona measures are unsettling the food service industry, which is being correspondingly cautious in its planning. It remains to be seen how sales in this sector will develop, reports the Hesse State Office.

Lower Saxony: Satisfactory potato business
According to the basis (grading 35 - 65, less than 8% defects, light and firm-skinned goods, loose, free collection point per 100 kg), the following prices were paid last week:

Depending on the quality, surcharges or discounts are still possible. Please note the following market information: Potato business at the beginning of the year was satisfactory, according to the Lower Saxony Farmers' Association (Bauernverband Niedersachsen).

Schleswig-Holstein: Cheaper imports from France
As quiet as the year has started in the market segment potato, it continues in the second week of 2022, as reported by the Chamber of Agriculture Schleswig-Holstein. The supply is still sufficient. Comparatively cheaper imported goods from France complement the range and, according to reports, lead to irritations in the domestic price structure in Germany, as the demand for tubers is currently restrained overall.

As is typical for the season, the holidays are followed by a period of lower potato sales. Depending on storage capacity, growers must remain patient. Market participants do not expect the market to pick up until the end of the month. Fortunately, export business is going well. Import demand from the Baltic States, Romania and Hungary continues to be reported.


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