Saturday, 16 December 2017

SNAXPO18 to Host Resources into Everything Snacking

SNAXPO18 to Host Resources into Everything Snackin...

  SNAXPO18, the world’s largest, most comprehensive trade show devoted exclusively to the interna...

PACK EXPO East Features Reusable Packaging Pavilion

PACK EXPO East Features Reusable Packaging Pavilio...

  Innovations in reusable transport packaging such as pallets, bins, containers and totes will be...

Fruit Logistica Announces 2018 Innovation Awards Nominees

Fruit Logistica Announces 2018 Innovation Awards N...

  The shortlist for the 2018 Fruit Logistica Innovation Award (FLIA) has been announced.

Tomra Sorting Names New Sales Director for the Americas

Tomra Sorting Names New Sales Director for the Americas

  Tomra Sorting Food has announced it has hired food industry veteran, Mark Host, as the company’s sal...

tna Appointed New Chief Sales Officer

tna Appointed New Chief Sales Officer

  tna announces the appointment of Jonathan Rankin as chief sales officer (CSO).  A tna and industry v...

North American Potato Production Slightly Down

North American Potato Production Slightly Down

  The latest estimate for North American fall potato production is 505 million cwt., down 1% from last...

Key Technology Introduces High Capacity VERYX B210 Digital Sorter

Key Technology Introduces High Capacity VERYX B210 Digi...

  Key Technology introduces the highest capacity digital sorter in the food processing industry: VERYX...

tna Introduces New Steam Peeling Solution

tna Introduces New Steam Peeling Solution

 tna has expanded its range of high-efficiency Florigo ultra-peel® SSC 3 steam peeling solutions for po...

Heat and Control Introduces New FastBack FastLane

Heat and Control Introduces New FastBack FastLane

  Heat and Control has released the latest member of their FastBack family of products, the FastLane s...

KMC Launches Starch Based Cheese

KMC Launches Starch ...

  KMC has announced the new CheeseMaker solution for the ...

McCain UK Opens Its Own Specialty Roastaurant

McCain UK Opens Its ...

  McCain is opening the doors to its own specialty restau...

Kemin Launches Solution to Improve Performance of Frying Oils

Kemin Launches Solut...

  Kemin Industries Food Technologies, a provider of shelf...

Avebe Launches Potato-Based Solutions at FiE 2017

Avebe Launches Potat...

 Avebe is promoting new texture and nutrition solutions fo...

Chicken Rice, Laksa-flavored Potato Chips to Launch in Singapore

Chicken Rice, Laksa-...

  Two new flavors of potato chips - Hainanese Chicken Ric...

Asda’s New Wagyu Beef Dripping Potatoes

Asda’s New Wagyu Bee...

  British retailer Asda has introduced Extra Special Wagy...

Boulder Canyon Brings Back Seasonal Potato Chips Flavors

Boulder Canyon Bring...

  Turkey Gravy and Pumpkin Pie kettle-cooked potato chi...

Branston’s Italian Potatoes Are Again Available in Tesco Stores

Branston’s Italian P...

  Italian new potatoes supplied by Branston were availabl...

ITC Enters the Fresh  Produce Market with Innovative Potatoes

ITC Enters the Fresh...

  Indian company ITC Ltd has entered the fresh fruits and...

DARS Starts Cleaning Potatoes of Viruses to Improve Production

DARS Starts Cleaning...

    The Department of Agriculture Research Services in Mal...

Czech Potato Research Institute Cultivates Blue Potato Variety

Czech Potato Researc...

  The Potato Research Institute, based in the town of Hav...

British Potato Producer Builds Potato Store in Marsham

British Potato Produ...

  A potato producer has applied for permission to build a...

National Potato Council Awards Adrienne Gorny for Potato Research

National Potato Coun...

  The National Potato Council (NPC) announces that Adrien...

Solynta Develops Late Blight Resistant Potato Varieties

Solynta Develops Lat...

  Dutch potato breeding company Solynta has developed pot...

Hydroponic Potatoes Might Be Grown inside Europe’s Deepest Metal Mine

Hydroponic Potatoes ...

  A research team recently launched a pilot project to in...

Cornell University Publishes Organic Production and IPM Guide for Potatoes

Cornell University P...

  The practical potato production Guide was compiled by a...

Canada Approves Three New Types of GMO Potatoes

Canada Approves Thre...

  Three types of potatoes genetically engineered by an Id...

Cavendish Farms to Build Two New Modern Storage Facilities

Cavendish Farms to B...

  Prince Edwards Island's major potato processor Cavendis...

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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