In the UK, the first white potato harvest has begun as a result of the year’s wet plantings earlier on and the subsequent extended dry circumstances. The majority of the potato crop is anticipated to be delayed as a result, according to market sources consulted by Mintec Global.

“On 4th July 2023, the Mintec Benchmark Prices (MBP) for Grade 1 White Packing Potatoes EXW England were assessed at GBP400/mt, showing a GBP20/mt decrease compared to the previous week. The price relief brings an end to the continuous upward trend that began in March, driven by strong demand and limited supply. According to market sources, further price relief is anticipated as more potato crops enter the market,” according to a recent Mintec report.

Prices for the potato variety Maris Piper are rising even though the harvest is only anticipated to start at the beginning of August, according to market players. There are fewer trade transactions as Maris Piper supplies on the free-buy market become more difficult to find. The Mintec Benchmark Prices for Grade 1 Packing Maris Piper EXW England on July 4th, 2023, were estimated at GBP430/mt, an increase of GBP5 from the previous week.