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Potato Market Update 17th April

'Shortage of supply means packing quality stock is commanding a premium in Ireland'

As wet weather continues to dominate, very little plantings have taken place again this week in Ireland. Colder weather conditions have boosted home consumption and retail sales as stocks of 2023 season potatoes continue to tighten. Shortage of supply means that packing quality stock is commanding a premium. There is still a significant number of potatoes left unharvested, with no window to attempt harvesting. Even if an opportunity to harvest these potatoes became available, the marketable yield would be negligible at this stage.

Across Europe, fresh markets are firm, but export inquiries have slowed over the last three weeks. Imports of new crop from Israel and Egypt are increasing. Physical prices in all sectors are largely unchanged this week even though very little planting has taken place once again. In the U.K. very little planting has taken place over the last week also.

Source: ifa.ie

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