Experts' Predictions on How the European Potato Market Will Change

Experts' Predictions on How the European Potato Market Will Change

Recent predictions coming from the Irish Farmers Association’s (IFA) experts show that a change in production from fresh to processing is anticipated for next season.

IFA’s latest report reveals also that the European spud growers have canceled loads of seed in favor of growing other crops, with Northern Europe “heading for its smallest crop for many years”.

“World Potato Markets reports that increasing input costs are starting to have an impact on the supply industry. Fresh markets are described as ‘flat’ with prices broadly unchanged this week,” the document shows.

When it comes to Ireland, IFA’s report reveals that promising forecasted weather conditions will allow growers to proceed with plantings later this week when ground conditions improve.

“The costs of production will certainly impact growers planting decisions for the upcoming season. Energy costs are having a huge impact on growers storing potatoes at present and these spiraling costs must be recognized and paid for by potato packers and retailers,” the experts concluded.