Potato prices at eight-month high

Potato prices increased sharply last week, with the Potato Council’s GB average up by £8.25/t to £125.54/t – the highest level since August 2011.

Although contracted supplies made up a higher proportion of the overall sample than the previous week, the free-market average also improved, rising by £6.32/t, to £99.32/t.

In the packing sector, interest was focused on the best material. Grade one Maris Piper was fetching £120-160/t, with general pack stocks at £80-120/t, and value pack at £65-70/t.

Demand for bagged supplies was steady, with some stocking up for the Easter weekend in holiday destinations, said the Potato Council. “Supplies were ample for a slow demand with interest centred on best frying samples.” In the processing market, free-buy movement of chipping produce was limited, with good Markies selling for £80-90/t.

New crop plantings to 6 April were estimated at 49,100ha, compared with 55,100ha last year and 21,000ha in 2010. “In England and Wales early planted crops have responded well to the recent long spells of sunshine.” In Cornwall crops that had been uncovered were looking well, with possible token liftings in a week or so. The first ex-polytunnel new potatoes were selling locally at £12 for 5kg bags (£2,400/t).

 

 

 

 

 

 

Market report

Webinar: The right trees in the right places

Register now

Online grain trading made easy with Farmers Weekly Graindex

It takes just a couple of minutes to create a listing on Farmers Weekly Graindex and you’ll get a range of prices to compare from active buyers who want your grain.
Visit Farmers Weekly Graindex