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Monday, September 7, 2020

British potato prices weak as Covid-19 fears remain - Potato News Today

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Many potatoes are in pretty good shape given the growing season they have had, but growers will be less impressed with the prices they are getting as Covid-19 continues to dominate the market, reports Cedric Porter of World Potato Markets for Farmers Guardian.

Porter says growers will not want a repeat of last year when heavy rain meant that some crops were not harvested before Christmas, with a small area abandoned altogether. An average crop of 46 tonnes per hectare would deliver a total British crop of 5.474 million/t, which would be 300,000t or nearly 6 per cent more than last year.

Strong prices are not cushioning the impact of tricky conditions. In the 21 seasons since the start of the century, the average early season price has been £145/t. The all-average price, which includes contract values, is stronger at £175/t, only £8/t less than last year.

Prices remain depressed. Early season values are as low as €20/t (£18/t) because of a large carry-over of stocks from last season.

Source: Farmers Guardian. Read the full report here

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September 07, 2020 at 08:21PM
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British potato prices weak as Covid-19 fears remain - Potato News Today

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