Potato Prices & Commentary

Each week the IFA compiles prices paid or quoted to its members nationwide. Take a look at the latest report below.

December 6, 2017

Ex-Farm Potato Prices reported to IFA

  Low High Average
Rooster Box €260 €330 €280
Rooster 10kg €2.50 €3.00 €2.70
Whites €180 €230 €210
Kerr Pink 10kg €2.70 €3.40 €3.00
 Golden Wonder10kg €4.50 €5.50 €5.00

Despite the tough ground conditions there were some further attempts to harvest the potatoes still in the ground. On the market itself, potato sales are reported to be very strong with good movement in all outlets. Many growers report increased buying interest from merchants as they stock up on product for the Christmas period. As discussed previously, the industry in general maybe underestimating the level of crop waste this year. It will certainly be well in excess of previous years and growers will only realise the true extent of it when they begin to grade boxes. It would appear that most of the peeling sector is now using Irish material. All players in the food service industry should be supporting our indigenous industry by sourcing local produce. In Europe the market situation has eventually stabilised with the European futures position trading above contract lows for the first time early this week.

November 29, 2017

Ex-Farm Potato Prices reported to IFA

  Low High Average
Rooster Box €260 €330 €280
Rooster 10kg €2.50 €3.00 €2.70
Whites €180 €230 €210
Kerr Pink 10kg €2.70 €3.40 €3.00
 Golden Wonder10kg €4.50 €5.50 €5.00

The recent cold snap and dark evenings have ensured a steady demand for potatoes with increased retail sales reported this week. It is now likely that any potatoes left unharvested will now carry over into the New Year. Estimates would suggest that approximately 600ha remain undug or 7% of the total area. This figure could be as high as 30% in the north of Ireland with reports that over 50% of the potatoes in Co Antrim have still to be lifted. As always at this time of the year farmers need to remain patient, as the market must be supplied for another eight to nine months at least. Good quality samples are commanding premium prices over lesser grades and this is particularly the case with maris Piper where farm prices remain strong. In the UK, producers have seen price increases for this type of pre pack maris piper in recent days.

November 22, 2017

 

Ex-Farm Potato Prices reported to IFA

Low High Average
Rooster Box €280 €340 €300
Rooster 10kg €2.70 €3.20 €2.90
Whites €200 €240 €220
Kerr Pink 10kg €2.80 €3.50 €3.00
 Golden Wonder10kg €4.50 €5.50 €5.00

More progress was made on the potato harvest this week, however, as the month progresses it is increasingly likely that up to 5% of the potato crop will carry over into the New Year.

It is understandable that grower confidence has waned in the current market environment however, in the medium term, market fundamentals deserve closer examination.

Planted area is similar to last year and not all growers have experienced an increase in yield.Pest and disease damage, along with crops left in the ground, will also contribute to yield losses.

Although the price for peeling is unsatisfactory this sector is now all supplied with Irish product which will be of major benefit to the market. In short, when the dust finally settles on harvest 2017 we may ultimately end up with similar production levels to 2016.

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