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Potato Market Update 29th March

Ireland: Home consumption remains buoyant

Home consumption remains buoyant and demand for peeling stock is reported to be picking up. Current weather conditions are wreaking havoc and no ground work has taken place for the last few weeks as a result. Over double the amount of rainfall has fallen in March 2023 vs March 2022. It is reported that exports continue to the continent this week. 

The 2023 Scheme of Investment Aid for the Seed Potato Sector and the Chipping Potato Sector is now open and will close on Friday the 14th of April.  

Across Europe there are concerns about the availability of water for the season, particularly in France. Potato stocks continue to tighten on the continent. In France, stocks at the end of January were estimated to be 30.8% lower than Jan 2022 and 33.9% lower than 2021.

Similarly In the U.K. wet cold weather conditions are halting any planting progress and yields may be affected also. Demand for chipping varieties has been “a bit subdued” this week but prices remain firm through the range and growers are often only releasing limited supplies.

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