Saturday, 30 July 2016

Volatility Forum: Brexit Adds Uncertainty in Agricultural Markets

Volatility Forum: Brexit Adds Uncertainty in Agric...

    UK agriculture needs to build resilience to market shocks now more than ever, according to t...

The 20th EAPR Conference to Take Place in Versailles Next Year

The 20th EAPR Conference to Take Place in Versaill...

   ARVALIS – Institut du végétal is organizing the 20th Conference of the European Association for ...

INTERPOM | PRIMEURS 2016: Growing through Precision Technology

INTERPOM | PRIMEURS 2016: Growing through Precisio...

  The organizers of INTERPOM | PRIMEURS 2016 have announced the biggest edition ever of the trade...

United States Debate on GMO Labeling Continues

United States Debate on GMO Labeling Continues

Potato biotech companies in the US continue to focus on production and underline the benefits of biotec...

NPC Joins U.S. Agriculture Coalition for Cuba

NPC Joins U.S. Agriculture Coalition for Cuba

  The National Potato Council has joined more than 100 prominent national grower organizations, state ...

APH Group, Omnivent and Miedema Sign Deal in China

APH Group, Omnivent and Miedema Sign Deal in China

   APH Group, a potato solutions supplier in Asia, Latin America and Central and Eastern Europe, toget...

Diagnostic Module to Reduce Downtime for Processors

Diagnostic Module to Reduce Downtime for Processors

  Tong Engineering is offering a time-saving Diagnostics module as part of its latest pro-series Auto-...

tna's Innovative Seasoning Solution Reduces Lead Time for Snack Producer

tna's Innovative Seasoning Solution Reduces Lead Time f...

  Canadian-based Brandneu Foods has significantly reduced lead times for its popular range of kale chi...

Tummers Develops Washing Line for Fragile Potatoes

Tummers Develops Washing Line for Fragile Potatoes

 Tummers, the machinery provider for potato processing, developed a washing line for the very fragile a...

Kiremko is the Main Supplier for New Project Linkage Farm Frites in China

Kiremko is the Main ...

   Dutch engineering company Kiremko will be the main sup...

McCain Foods Invests USD65m in Expanding Its French Fries Plant in Canada

McCain Foods Invests...

McCain Foods (Canada) announced a major investment of USD6...

Branston Began the Expansion of Its Potato Processing Plant in Lincoln

Branston Began the E...

The UK potato supplier Branston has begun work on its GBP5...

Processed Potatoes in EU Worth EUR10b in 2014

Processed Potatoes i...

  Processed potatoes (mainly frozen chips and crisps) wer...

Aviko Introduces a Guide for Gluten-free Catering

Aviko Introduces a G...

 The potato processor Aviko is supporting caterers during ...

Government in Venezuela Authorizes Import of Potato Seeds

Government in Venezu...

   The Deputy Minister of Agriculture in Venezuela, José ...

Scientists Reveal Potato Parasite’s “Toolkit"

Scientists Reveal Po...

  An international research collaboration led by the Univ...

Kangaroo Island Potato Producer Wins the “Mini MBA” for Farmers

Kangaroo Island Pota...

 Kangaroo Island potato producer Peter Cooper has been nam...

CEJA President: Losing Young Farmers Puts the Future of European Food Production at Risk

CEJA President: Losi...

  CEJA President, Alan Jagoe, addressed EU agriculture mi...

Researchers Develop Nutrient-rich Purple Potato

Researchers Develop ...

  A group of researchers from CSU have recently developed...

Frozen French fries are the United States' most important potato export product. Income growth in countries such as China and India, has led to an increase in consumption of Western-type products like French fries.

 

However, in the short term, the economic downturn is expected to slow demand and slow investments in the potato sector, says a Rabobank focus report on the US potato industry.

"While the short-term outlook for the US potato sector is at best neutral, the long-term outlook for the US potato sector is positive, once the economy improves," said Rabobank analyst Marieke de Rijke.

The US is the world's fourth largest exporter of frozen French fries, after the Netherlands, Canada and Belgium.

"In order to maintain current export levels, it will be key for the potato sector to stand out in quality and customer relationships," said de Rijke.

The US has a strong position in frozen French fry exports due to a high-quality infrastructure, which is strongly desirable for exporting quality potatoes and potato products around the world. Exports have increased because of rising demand from developing regions, particularly Asia.

"The rapid pace at which the number of fast food restaurants in Asia is growing will continue to accelerate demand for frozen French fries in this region," said de Rijke.

Contrary to Asia's increased potato appetite, US potato consumption peaked about a decade ago. Potatoes were thought to be calorie-loaded and some fad diets gave the potato a bad reputation. ‘Watching carbs' and healthier lifestyles meant consumers started to favour rice over potatoes as a carbohydrate source.

In an effort to appeal to consumers, potato seed companies, as well as growers and processors, are working together to develop potato varieties that are lower in calories and have a higher nutritions value than the current varieties.

 

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