Thursday, 02 October 2014

Potato Week 2014 to take place on October 6-12

The dates for Potato Week 2014 are October 6-12 and the campaign will celebrate the humble potato and encourage mothers to ‘trade-up’ from generic whites to named varieties.

Ishida multihead weigher helps Martini Alimentare to increase production capacity by 25 per cent

The installation of a 20 head Ishida multihead weigher at Italian food manufacturer Martini Alimentare has delivered an immediate 2% improvement in product giveaway and enabled the company to increase production capacity by 25

CEJA announced new partnership with Bekina to help young farmers

The European Council of Young Farmers (CEJA) announced a new partnership with Bekina at its General Assembly in Brussels, Belgium, attended by a number of leading young farmer representatives from across Europe.

Agreement signed for a new fry factory in China

Inner Mongolia Linkage Potato Co., Ltd and Farm Frites have signed an agreement to establish a joint venture in Wudan Town, Chifeng City in Inner Mongolia in China.

Kent Crisps Announces New Branding

AMC Foods announces the re-launch of their popular Kent Crisps brand. A brand new design concept has been created with a new Kent Crisps logo and each flavour displays a captivating image of Kent to emphasize the provenance

The World Potato Congress Industry Awards are open for nominations

The World Potato Congress Industry Awards are open for ...

The World Potato Congress Industry Awards are an important and prestigious event on the international po...

Interpom | Primeurs 2014, virtually fully booked

Interpom | Primeurs 2014, virtually fully booked

Interpom | Primeurs, the leading trade fair for the whole of the potato, vegetable and fruit sector in E...

Sri Lanka’s Government to Purchase All Potato Stocks from Farmers

Sri Lanka’s Government to Purchase All Potato Stocks fr...

Sri Lanka’s Prime Minister D.M.Jayaratne announced in Parliament that the government was ready to purchase...

McCain announces new Canadian President

McCain announces new Canadian President

McCain Foods Limited announced the appointment of Shai Altman as President, Canada, effective October 2...

BioSafe Systems announces Ron Fisher as north-east territory manager

BioSafe Systems announces Ron Fisher as north-east terr...

BioSafe Systems announces the appointment of Ron Fisher as Northeast Territory Manager for the agrichemic...

CEJA announced new partnership with Bekina to help young farmers

CEJA announced new partnership with Bekina to help youn...

The European Council of Young Farmers (CEJA) announced a new partnership with Bekina at its General Ass...

Tomra Sorting opens a new research and development center in Dublin

Tomra Sorting opens a new research and development cent...

Tomra Sorting in Dublin has created a new center of excellence for its food optical sorting and peeling...

tna showcases total solutions at Gulfood Manufacturing

tna showcases total solutions at Gulfood Manufacturing

Integrated packaging and processing solutions provider tna will present its range of high performance t...

Ishida multihead weigher helps Martini Alimentare to increase production capacity by 25 per cent

Ishida multihead weigher helps Martini Alimentare to in...

The installation of a 20 head Ishida multihead weigher at Italian food manufacturer Martini Alimentare ha...

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...

Kent Crisps Announces New Branding

Kent Crisps Announce...

AMC Foods announces the re-launch of their popular Kent Cr...

New DiversaCut 2110A Dicer on Display at SIAL in Paris

New DiversaCut 2110A...

Several Urschel cutting machines will be on display at Sal...

McDonald’s Japan Is Releasing Purple Sweet Potato McShake This Autumn

McDonald’s Japan Is ...

McDonald's Japan is rolling out a special purple sweet potat...

Lay's "Do Us A Flavor" Contest Finalists Announced

Lay's Do Us A Flavo...

Lay's potato chips, one of the brands from PepsiCo (http:/...

BioSafe Systems Introduces Complete Potato Storage Protection Programme

BioSafe Systems Intr...

Following research and development, BioSafe Systems offers...

Future Proofing Cheshire Potatoes

Future Proofing Ches...

Cheshire potato growers gathered at Aston Grange Farm near...

Sophisticated Potato Inspection

Sophisticated Potato...

Improvements in sorting machinery are aimed at many grower...

McCain Foods to Help Monitor Potato Crops with Drones

McCain Foods to Help...

Global potato processor McCain Foods is using drone techno...

Open Farm Sunday 2014 Review

Open Farm Sunday 201...

Farmers and their helpers celebrated this weekend the posi...

A market analysis firm claims one in four companies are now loss making in the UK potato industry.

Plimsoll Publishing, the worlds leading provider of market reports and company analysis, says a quarter of companies in the UK potato industry are making a loss as the recession continues to bite.

But how many of these 83 loss making companies have simply had a bad year and how many are burying their head in the sand is the subject of a new study.

David Pattison, author of a new market report into company performance in the market says, "Increasingly we are seeing companies making a loss for the first time in their history and I think they can rightly claim they are victims of difficult trading conditions. A quick refocus on profitability would ensure this an isolated occurrence - ‘the year the recession forced us into loss', however, market conditions are a flimsy excuse for a band of serial loss makers that are prevalent in the market."

The study shows that 38 companies are making a loss for the second, and in some cases, even third year running.

Pattison continues, "These companies are either blatantly undercutting the rest of the market to enhance or maintain market share or, more likely, have delayed making the painful decision more prudent companies have made recently. No one wants to trim costs, lay off staff, cancel dividend payments and the like but continuing on regardless is fast becoming unviable. They can't bury their heads in the sand any longer."

Mr Pattison congratulates management teams who have had the courage to make difficult and unpopular decisions.

He adds: "They have cut their cloth according to the market conditions and as a result are more stable for it. Those failing to do so are running out of time and cash. Without a big increase in demand they cannot support their pricing strategy for much longer. Watch out for a number of failures in the coming months among the companies we have identified."

The study 'Plimsoll Industry Analysis - Potatoes' provides an assessment of 270 companies in the market.

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