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Potato Market Update 1st February

Ireland: Demand for peeling stocks remains positive and potato prices remain firm

Retail sales were flat this week and the food service sector should see more business over the bank holiday weekend. Demand for peeling stocks remains positive and prices remain firm. Early planting is underway as soil conditions improve. Should make good progress over the weekend, conditions permitting.

In Europe, fresh markets are reported to be flat but there is good export movement. Sales of product from the EU to the UK were 818,418 tonnes and up 13.2% in the year to October 2022

In the UK, early plantings have commenced. There were some cases of ground frosts, but conditions are “surprisingly good” and planting of first Lady Rosetta for crisping is “imminent”. Trade is slow but sellers are hoping for higher values. Buyers want quality samples but are not prepared to pay the price. There has been the occasional small increase for premium washed and branded lines.

Source: ifa.ie

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