Monday, 26 September 2016

Show Review: Over 300 Exhibitors at PotatoEurope 2016

Show Review: Over 300 Exhibitors at PotatoEurope 2...

 The 300 exhibitors present (25% more than in 2008) were able to meet with their customers, at Pot...

Potato Bowl Starts on September 13

Potato Bowl Starts on September 13

 Potato Bowl football game, billed as a battle between two of the largest potato growing regions i...

Potato Processing International Magazine Invites You to Seminar at Potato Europe

Potato Processing International Magazine Invites Y...

 Potato Processing International magazine (PPI) will host a seminar on September 15, starting at 2...

JBT Corporation Acquires Cooling and Applied Technologies

JBT Corporation Acquires Cooling and Applied Technologi...

 JBT Corporation, a global technology solutions provider for the food and beverage industry, announced ...

Americans Spent Over USD7bn on Potato Chips in 2015

Americans Spent Over USD7bn on Potato Chips in 2015

 Americans spent USD7.5bn on potato chips in 2015, or an average of roughly USD 23 for every man,woman ...

CIP Marks 45 Years in Potato Research

CIP Marks 45 Years in Potato Research

 International Potato Center (CIP) has recently marked its 45th anniversary. Nearly half a century ago,...

Key Technology Introduces VERYX Belt-Fed Digital Sorters to Europe

Key Technology Introduces VERYX Belt-Fed Digital Sorter...

 Key Technology introduces its VERYX belt-fed digital sorters to the European food processing industry ...

Case Study: Ishida Helps Spanish Snack Manufacturer to Grow

Case Study: Ishida Helps Spanish Snack Manufacturer to ...

 Aperitivos y Extrusionados (Apex), now one of Spain’s top three snack food manufacturers, uses Ishida ...

GEA to Present Equipment Portfolio at Chillventa

GEA to Present Equipment Portfolio at Chillventa

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Lay’s Chalet Sauce Potato Chips Available in Canadian Retail

Lay’s Chalet Sauce P...

  Frito-Lay Core Global Brands, PepsiCo Foods Canada, a...

Cambodia Opens First Potato Research Centre

Cambodia Opens First...

 With potato consumption continuing to rise in the Kingdom...

New Potato for Diabetics, Growing at Waterdown Farm

New Potato for Diabe...

 Canadian consumers who avoid potatoes to reduce their car...

Inventure Foods Adds Kettle-Cooked Potato Chip Manufacturing to Factory

Inventure Foods Adds...

  Specialty foods marketer and manufacturer Inventure Foo...

Avebe Starts the Potato Harvest Campaign

Avebe Starts the Pot...

 Potato starch producer Avebe has recently announced the s...

Land-Grant Universities Bolster the US Potato Genebank’s Impact

Land-Grant Universit...

 Land-grant universities are collaborating to support the ...

New Variety of Innate Potato Approved

New Variety of Innat...

  The J.R. Simplot Company has completed a voluntary cons...

The Use of Nicotine-based Pesticides Limited in Minnesota

The Use of Nicotine-...

  Seeking to reverse a decline in bees and other pollinat...

Greenpeace Issues Blacklist for Pesticides in EU

Greenpeace Issues Bl...

 Greenpeace Germany has recently published a new version o...

Costs of Developing GM Potatoes Comparable to Conventional Varieties

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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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