Sunday, 05 July 2015

IPPSC 2015, Day 3: Latest technologies in storage environment

IPPSC 2015, Day 3: Latest technologies in storage ...

Friday, June 19 was the third and final day of the International Potato Processing and Storage Conve...

IPPSC 2015, Day 2: Potato Industry Directions

IPPSC 2015, Day 2: Potato Industry Directions

After a first day abundant in knowledgeable talks on current and future matters of the processing ...

IPPSC 2015, Day 1: Newest Advances in Potato Processing

IPPSC 2015, Day 1: Newest Advances in Potato Proce...

Wednesday, June 17 was the first day of the International Potato Processing and Storage Convention...

ConAgra Foods intending to exit private label market

ConAgra Foods intending to exit private label market

In a report issued on June 30, ConAgra Foods, Inc. reported results for this year’s fourth quarter, whi...

EFSA formulates scientific point of view on acrylamide issue

EFSA formulates scientific point of view on acrylamide ...

On June 4 this year, the European Food Safety Authority (EFSA) released its official opinion on acrylam...

Kraft Heinz Company has a new senior leadership team

Kraft Heinz Company has a new senior leadership team

  The Kraft Heinz Company announced its new senior leadership team that marks another major milestone ...

Italian snack manufacturer chooses integrated solutions from tna

Italian snack manufacturer chooses integrated solutions...

  Leading Italian snack manufacturer Pata was able to reduce waste, simplify cleaning operations and i...

TOMRA equips its Belgian test and demo center with a new cold room

TOMRA equips its Belgian test and demo center with a ne...

  The equipment producer TOMRA Sorting Solutions is now able to test the performance of its sorting ma...

Key Technology launches new mobile-friendly website

Key Technology launches new mobile-friendly website

  Key Technology announces the launch of its redesigned corporate website with a new responsive versio...

McCain Australia launches a limited edition range of flavored frozen potato wedges

McCain Australia lau...

  McCain Australia has recently launched the new wedges ‘...

Tolsma-Grisnich and Kiremko, partnership for a new plant in China

Tolsma-Grisnich and ...

  Strategic partners Tolsma-Grisnich and Kiremko recently...

Utz Quality Foods launches Specialty Division

Utz Quality Foods la...

Utz Quality Foods, Inc. has recently announced the culmina...

Potatoes are back on WIC, a nutritional program for women, infants and children in USA

Potatoes are back on...

The National Potato Council (NPC) from USA succeeded to put ...

Exclusive interview with the director of Urschel Laboratories, Inc: The Urschel team is a very strong one

Exclusive interview ...

What began with one man's invention more than 100 years ago ...

UK Potato Council says it is a record year for seed potato exports

UK Potato Council sa...

  Seed potato exports are booming, with the latest figure...

Indian Government will procure 6,600 tones of potato from farmers

Indian Government wi...

The State Government announced its decision to procure 6,6...

Company launches a new solution for potato sprouting

Company launches a n...

  BioSafe Systems announces the introduction of ARRET Spr...

Seed Industry Event conference tackles key industry concerns

Seed Industry Event ...

The recent Seed Industry Event, organized by British Potato ...

Armenia registered an important growth in potato exports in 2014

Armenia registered a...

Armenian potato exports totaled about 20,600 tons, compared ...

The full benefit of lower potato prices in 2008 was not passed on to the South African consumer, Potatoes SA (PSA) said last week. During 2008, the producer price of potatoes dropped by 45 percent, Mark du Plessis, CEO of PSA said.

 

However, the average retail price for a 10kg bag of potatoes dropped by only 36 per cent and the price for one kilogram of potatoes by a mere eight percent.
In the case of extra small or baby potatoes, the price practically remained unchanged.
Du Plessis said the decrease of 45 per cent in the producer price, together with a sharp increase in production costs, resulted in many producers producing potatoes below break-even point with resultant losses in 2008.
"The impact thereof is already visible in the industry measured against the drop of more than eight per cent in hectares planted for 2009," he said.
This would eventually reflect in lower market volumes and increased pressure on prices, based on the free market system.
"Producer prices started to increase from October 2008, but to the detriment of the consumer, retail prices unfortunately increased faster and even more than the producer price," Du Plessis said.
Producers were asking the question why there was no correlation between the upward and downward movement in the producer price and the consumer price, he said.
The drop in the fuel price would not make much of a contribution to the lowering of the consumer price of potatoes. He said that fuel represented only a small percentage of the total production costs of potatoes on the farm - which could be a much as R100,000 per hectare.
"A 30 per cent drop in the fuel price will only lead to a three cents per kilogram drop in the production cost of fresh potatoes.
"It is also important to note that supply and demand determines the price on our fresh produce markets and the potato producer is therefore restricted in what he can do to influence the market price."

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