Wednesday, 04 May 2016

Potato Europe: 40 Traders in the Commercial Village

Potato Europe: 40 Traders in the Commercial Villag...

 Most attending traders can be found in the "Commercial Village" at Potato Europe, under...

Experts from IRI, Geometry Global and Integer provide the latest trends at Sweets & Snack Expo

Experts from IRI, Geometry Global and Integer prov...

 Executives from Information Resources, Geometry Global and Integer will deliver presentations on ...

The 100th Annual Meeting of the Potato Association of America to Be Held in Michigan This Year

The 100th Annual Meeting of the Potato Association...

   The 100th Annual Meeting of The Potato Association of America is an educational and networking...

tna Appoints New Chief Sales Officer

tna Appoints New Chief Sales Officer

 The food processing and packaging solutions provider tna announces the appointment of Peter Oussoren a...

McDonald’s quashes all-you-can-eat fries reports

McDonald’s quashes all-you-can-eat fries reports

  McDonald's Corp. is quashing reports that a coming Missouri restaurant will test all-you-can-eat fri...

PepsiCo Financial Report Shows Significant Growth for Frito-Lay North America

PepsiCo Financial Report Shows Significant Growth for F...

 Frito-Lay North America have been positively impacted by productivity gains and lower raw material cos...

BetterFRY, a Technology Shortlisted for the Final of the International European MRW Awards

BetterFRY, a Technology Shortlisted for the Final of th...

    Canadian company Eco Friendly Chef Corp has developed a patented technology named “BetterFRY” whi...

tna Helps Snack Manufacturer to Increase Production Capacity

tna Helps Snack Manufacturer to Increase Production Cap...

Algerian snack manufacturer Maravilla increased production capacity by 25 per cent by installing high p...

DTS Builds the Largest Steam Cooker in the World

DTS Builds the Largest Steam Cooker in the World

  Together with the Dutch potato processing company Rixona, which is part of the Aviko group, DTS have...

Americans Were Asked which Lay's Flavors Stay and which Go

Americans Were Asked...

   For the first time in brand history, the Lay's brand a...

TOMRA Sorting Food: steam peeling can reduce the waste within the potato industry

TOMRA Sorting Food: ...

 The manufacturer of sensor-based food sorting systems, TO...

Australian Company Makes Potatoes Melt When Exposed to High Temperatures

Australian Company M...

  The Australian Research and Development company Potato ...

Heat and Control Releases Unitized Vacuum Fryer

Heat and Control Rel...

  Heat and Control, a global manufacturer and supplier of...

Using Nature to Create

Using Nature to Crea...

  As a global leader in the production of dehydrated pota...

Search Begins for Scottish Strategic Potato Farm

Search Begins for Sc...

  AHDB has announced the quest for the first farmer host ...

£150K potato storage fellowship cultivates cutting edge research

£150K potato storage...

  Capitalizing on work from the horticulture sector, Dr R...

Company launches new formulation of biofungicide

Company launches new...

  Marrone Bio Innovations, a U.S. provider of bio-based p...

Welsh potato growers get latest know-how on Potato Day

Welsh potato growers...

  Over 50 potato growers gathered at the County Showground ...

Chile considered robust market for American agricultural equipment

Chile considered rob...

  In the most recently released U.S. Department of Commer...

Kharif potato prices are set to remain high after a delayed and deficient monsoon season in India puts pressure on demand.

A recent crop prospect report prepared by the Nasik-based National Horticulture Research and Development Foundation (NHRDF), claims that kharif potato production in Uttarakhand, Himachal Pradesh, Jammu and Kashmir, Karnataka, and Maharashtra has been affected adversely because of lack of rain with greatly reduced stocks for June and July.

The situation has been aggravated by low yields in key potato growing states such as West Bengal, Bihar and eastern UP due to late blight disease. These three states produce more than 50 per cent of the countries total output, which was estimated to be around 24 million tonnes during 2008-9.

It is thought the country's potato consumption is now being met by last year's rabi stocks from Uttar Pradesh, Punjab and Haryana.

Agricultural Marketing Information Network (AGMARK) data also indicated that the wholesale potato price is at present more than Rs 1,900 per quintal in Tamil Nadu as well as north eastern states. Potato futures prices rose by 0.85 per cent on the Multi Commodity Exchange on Thursday as speculators expanded their positions in anticipation of a rise in demand in the spot market amid restricted arrivals.

At MCX, potato futures for October delivery shot up by 0.85 per cent to Rs 1,160 per quintal on Thursday. Similarly, potato for delivery in September month contract gained 0.25 per cent to Rs 1,090.10 per quintal, while August contract rose by 0.13 per cent to Rs 1,024.80 per quintal.

In Uttar Pradesh this year, the estimated stock in the cold storage was in the range of 7-7.2 million tonnes. In Punjab, from total production of 1.4 million tonne, about 40 per cent is stored for seed production and 25 per cent for the table purpose.

According to AGMARK data the wholesale potato prices in the Delhi region have risen by around 49 per cent since May. Prices were at Rs 1,045 per quintal on Friday.

 

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