Saturday, 28 March 2015

Tomorrow's industry leaders are trained at 2015 PILI

Tomorrow's industry leaders are trained at 2015 PI...

  The Potato Industry Leadership Institute (PILI) Class of 2015 included twenty-seven potato grow...

Campaign “Cook Your Own Potatoes”, supported by Olympic athlete

Campaign “Cook Your Own Potatoes”, supported by Ol...

Potato Council has added an exciting new dimension to its successful ‘Cook Your Own Potatoes’ projec...

Horsch won "Best new product or innovation" category at LAMMA’15 Award

Horsch won Best new product or innovation catego...

The equipment manufacturer Horsch UK won the “Best New Product or Innovation” at LAMMA’15, the annua...

H.J. Heinz Company and Kraft Foods Group to form the Kraft Heinz Company

H.J. Heinz Company and Kraft Foods Group to form the Kr...

H.J. Heinz Company and Kraft Foods Group, Inc. announced they have entered into a definitive merger agr...

Consumer needs drive potato innovation strategy

Consumer needs drive potato innovation strategy

  Head of Potato Council R D Dr Mike Storey discusses Potato Council’s new Research and Innovation Str...

The US FDA gave green light to six varieties of GMO potatoes

The US FDA gave green light to six varieties of GMO pot...

  The U.S. Food and Drug Administration completed its evaluation for six varieties of potatoes genetic...

TOMRA launches its newest peeling solution for seasonal vegetables and fruit processors

TOMRA launches its newest peeling solution for seasonal...

  TOMRA Sorting Food will reveal the latest addition to its steam peeling portfolio at Anuga FoodTec, ...

Loma launches its new X-ray contaminant inspection machine

Loma launches its new X-ray contaminant inspection mach...

  The equipment manufacturer Loma Systems launched its new X-ray contaminant inspection machine, a mod...

Key Technology expands global customer service and support

Key Technology expands global customer service and supp...

  Key Technology announces the expansion of its global customer service and support, helping food proc...

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 ...

Important investment in Lamb Weston frozen food facility in Netherlands will add capacity and jobs

Important investment...

Lamb Weston / Meijer, a joint venture between US-based ConAg...

Thanksgiving Feast, a new line of kettle-cooked potato chips

Thanksgiving Feast, ...

Boulder Canyon Foods introduces Thanksgiving Feast, a new ...

Potato Week 2014 to take place on October 6-12

Potato Week 2014 to ...

The dates for Potato Week 2014 are October 6-12 and the camp...

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 ...

McDonald’s does not plan to use J.R. Simplot's GMO potatoes

McDonald’s does not ...

A huge debate is happening these days in the USA involving...

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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