Potato market chronicle September 2020

It’s very difficult to make forecasts in this context of health crisis… But it’s certain that the return of Covid to France and the four corners of Europe is slowing economic activity. Our market is naturally suffering as a result, first and foremost the catering and snacking industries, which have cut their industrial trading activity by at least a third. The first bankruptcies of industrial trading structures in the Benelux countries are a sure sign of more to come. Let’s be cautious and vigilant. Beware of the domino effect, which could well claim collateral victims in the fresh produce market. Against this backdrop, the persistently hot, dry weather is complicating harvesting in the North. The domestic market is quiet, and goods harvested too early are finding it hard to find takers. Back-to-school promotions for unwashed Bintje are keeping supermarkets on their toes. We’re going to have to work hard to get people to admit that Bintje is at the end of its life. With true 7.5s in Beauce becoming increasingly rare as a result of grubbing-up (dartrose, rust, etc.), prices have firmed up slightly in recent days. Have we hit rock bottom? Despite the logistical problems that are always present at this time of year, and which are taking on even greater importance given current potato prices, Spain remains a loyal customer for France. They are always keen to have good batches of washable 7.5s suitable for storage, as well as unwashed Spunta and white-fleshed varieties. Exports to the Gulf States have resumed on schedule. However, against the backdrop of the health crisis, it is difficult to be optimistic about the market for products initially intended for industrial use, which is likely to depress prices for basic products on the fresh market. Again and again, CAT I quality (or color 7.5) will come out on top… But be careful when selecting batches for refrigerated storage!