European Potato Prices Have Settled
Potato prices have stabilized for the 2024 winter holiday season, according to the first IFA potato report that is now available, with no downward pressure observed around the European continent.
In the U.K. it was reported that demand for chipping varieties was subdued over the holiday period.
“Trade was very much repeat order based on best quality branded lines. New sellers are not finding it easy to obtain regular orders and there has been the odd lower price taken for Sagitta to obtain movement,” the IFA potato experts.
In Ireland, the potato retail sales and home consumption were buoyant over the Christmas period and sales continue to be strong as the cold snap hits the country these days.
“As per the yield dig figures announced before Christmas, it seems that much of the extra planted area this year was used up early in the season when yields were lower, leaving supplies probably adequate for the upcoming months. Prices have now settled and there should not be downward pressure,” the IFA potato experts concluded.
