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Potato Market Update 8th June

Potato processing factories across Europe reportedly working “like never before”

Irish potato markets remain unchanged and bagging trade is reported to be sluggish following the bank holiday weekend. Heavy showers over the past week were welcomed by growers in the south east especially, although some areas are still relatively dry. Early queens will begin to be lifted in the south east in the next 10 days. The price of peeling material is in the region of €130/tonne. 

Across Europe, processing factories are reported to have worked “like never before” in May and growers with excess to contract still left in store are hoping that buyers will need to come back to the market in June.

Although some areas are still relatively dry, further heavy showers this week have taken away any immediate concerns about the crop. Export markets are now much quieter and imported Mediterranean new from Egypt, Israel and recently Spain are taking over the early fresh sector before new crop arrives.

Source: ifa.ie


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