Sunday, 30 August 2015

Multiple honors for Dr Neil Gudmestad at World Potato Congress in Beijing

Multiple honors for Dr Neil Gudmestad at World Pot...

  North Dakota State Plant Pathologist Dr. Neil Gudmestad was honored at the World Potato Congres...

China makes global commitment to the potato

China makes global commitment to the potato

China's commitment to the potato was very publicly and internationally demonstrated when it hosted t...

The PAA held their annual meeting in Portland, USA

The PAA held their annual meeting in Portland, USA

The Potato Association of America held their 99th Annual Meeting during July 19-23, 2015 in the east...

TOMRA wins design award for its common user interface

TOMRA wins design award for its common user interface

  TOMRA’s Common User Interface (CUI), designed by TOMRA Sorting Solutions (TOMRA) and Design Partners...

TOMRA Sorting Food signs new contracts at World Potato Congress

TOMRA Sorting Food signs new contracts at World Potato ...

  TOMRA Sorting Food has welcomed two new Chinese customers into the fold during a signing ceremony at...

The constant changes in Asian potato chips

The constant changes in Asian potato chips

  Over the last four centuries, the potato has come a long way from the American Andes. Since its cult...

Alternative processing technologies on program at PROCESS EXPO

Alternative processing technologies on program at PROCE...

  The Food Processing Suppliers Association has released the details of four sessions of the education...

The sharp edge of the job

The sharp edge of the job

  Product perfection starts before the processing. It is maintained in the processing plant but only e...

Efficient drying pays off

Efficient drying pays off

  When it comes to drying potatoes, regardless of the type of end product one may have in mind, there ...

McCain Australia has new range of frozen potato wedges

McCain Australia has...

  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 ...

4th Symposium of Potato Cyst Nematode Management

4th Symposium of Pot...

  The 4th Symposium of Potato Cyst Nematode Management wi...

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 ...

The Euro Potato report compiled by UK Potato Council and edited by Rob Burrow highlights numerous challenges the 2008 crop has already had to face from the impact of severe rainfall in late planting and in some European countries, difficult harvesting schedules.

The March issue of the report said the growing season saw the potential for disease problems to emerge, including wet rots and skin blemishes, which increased the risk for long term storage. There was also an unexpected bonus for some growers in terms of average yield per hectare in some countries, particularly the Netherlands and GB. The final analysis however resulted in a large volume of potatoes without storage capacity and of poor quality, or suspect crops which required urgent movement. This urgency to make a sale has seen significant downward pressure on the Northern European maincrop sector throughout the current trading period, rather than for any recession reasons.

According to the Euro Potato report, in the current uncertain financial climate, particularly with tighter credit and costs increasing, cash flow, particularly for small enterprises, is still a growing concern throughout the whole supply chain. In approaching the 2008 season economists forecast increases in the cost of production to the extent of 15-25% depending upon forward buying of key inputs such as seed, fertiliser and energy. The outlook for growers selling "Free Buy" stocks in today's market is mainly one of negative returns. In
contrast, it has been encouraging that more forward thinking sectors have adopted a shared risk approach to supply contracts, particularly in GB. Also rising unemployment and a decrease in consumer spending will make staple foods, including potatoes, more attractive in volume terms.

Current demand in the fresh sector for "Value Type" potatoes is one impact of the credit crunch. Major retailers in all Northern European countries, with the exception of Germany, appear to be making a push to offer customers discounted product lines, due to the general economic downturn and as a way of competing with discounter stores. The consequence of yield results and the subsequent market price will be more clearly illustrated when growers and their financiers evaluate the potential "Risk versus Reward" in the 2009 season. Potato growers are likely to continue the recent trend for protectionism by securing market and price through contract arrangements or to committed purchasers. Major potato purchasers also increased own production last year to secure a sound supply base; it remains to be seen whether a similar situation will occur for the 2009 European crop.
Source: www.potatonews.com

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