Jueves 13 de Diciembre de 2018
El portal de la papa en Argentina
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 Buscador de Noticias
Europa 04/03/2018

Amount of stored potatoes in Europe high compared to previous years

All recent stock surveys in the NEPG countries (North-Western European Potato Growers) show that the actual potato stocks are higher compared with last season as well as the multiple year’s average.

The North-Western yields were 11% higher with an area increase of 6%.

Currently the stocks of potatoes and the balance between demand and supply has a negative effect on the actual free market prices, in spite of the processing industry demanding 15% more input over the last 5 years.

More tar than expected 

In December the NEPG estimated a tar of 5%, which seems to be realistic or even too low for the NEPG area, as quality problems in the stores have been reported. Especially one variety is often mentioned here. Due to this the actual supply of potatoes is still sufficient to fill in the processors needs, however recently the processors are back on the market, which could generate a positive effect.

Overall the quality in the stores looks good, however as stores have to be opened earlier than planned due to upcoming quality issues, a lack of good frying quality at the end of the season is realistic. The actual cold weather in North-Western Europe could also lead to extra challenges and as previous years the question is: when will the planting of new stock be finalized in the NEPG area? The first early planting in some German areas have been delayed already.

The activity at the processing side is good, however the needed extra potatoes are all almost all contracted so the free market demand is low. The export from the NEPG countries for fresh table potatoes is moving up, based upon the attractive export prices. Furthermore the export of ready-to-eat potato products to overseas areas is still in the upward trend. 

Next year’s contracts lower 

Based upon the actual situation it is expected that next year’s contract prices for processing potatoes will go down, which is confirmed by the NEPG who reports price reductions of 5-10% depending on the time of delivery, the variety and the processor. Contract prices are not only lower than last season but sometimes also the season before. 

According to the NEPG these contract prices are below production costs for the growers. Growers are advised to plan a realistic growing area of consumption potatoes this spring, realizing that the ongoing trend, away from Bintje towards the high yield processing varieties in Belgium and France will continue and could lead to extra average yields and harvest.

Fuente: North-western European Potato Growers (NEPG)/potatopro.com

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