No Forward Prices for European Potatoes

In Europe, diesel prices have escalated to the point that forward prices for potatoes are not being offered and buyers are having to accept on-the-day quotes.
The latest news from the Irish Farmers Association (IFA) regarding prices for fresh potatoes are steady but export markets are still weak and supplied mainly by seed tops.
“Demand from Eastern Europe had been falling off but the large influx of Ukraine citizens may create fresh interest. Transport cost is a huge issue at present. […] Plantings have also been delayed across the U.K. due to wet weather conditions,” according to a recent IFA report.
In Ireland, plantings have been halted over the past few weeks due to wet weather conditions.
“As markets re-adjust post-pandemic, growers are reminded to be mindful of this when planning for the 2022 season. The cost and availability of fertilizer remain to the fore for growers along with rising energy costs. A similar sentiment is echoed across Europe,” the IFA experts mentioned also.















