Weekly Potato Report
Michigan Potato Industry Commission
September 10, 2014
Rain has stalled the chip potato harvest across much of the Midwest today. A few growers have started putting potatoes in storage this week. Reports indicate that yields are good in most growing areas, though yields may be down somewhat from last year in both Michigan and Wisconsin. The biggest concern is that late blight could make it difficult to store this year’s crop.
Chip companies continue to run almost exclusively on contract potatoes, though we did pick up a report of one open sale at a $0.25 per cwt discount to the open market price. Some chip potato companies were looking for potatoes today, to make up for loads lost to inclement weather.
US fresh potato shipments for the week ending September 6 totaled 1.679 million cwt. That is down from 1.744 million cwt shipped cwt during the same period in 2013. Michigan shipments for the week ending Septem-ber 6 totaled 9,425 cwt, down from 10,797 cwt during the same week last year. The Michigan shipments were 75.6% Russets and 24.4% Round White potatoes.
Wisconsin packers are selling baled 10# bags of size A Russets for $6.00-$7.00 per bale, down from $7.00 per bale at this time last week. They are selling 40-80 count cartons for $9.50-$11.00 per 50# box, down from $11.00-$12.00 a week ago. The weighted average shipping point price Idaho Norkotahs is $10.64 per cwt, down from $11.04 at this time last week.
Wisconsin shippers are selling size A Round White potatoes for mostly $7.00-$7.50 per 50# bag, un-changed from last week at this time. Delaware shippers are selling 50# sacks of size A Round White potatoes for $7.00 per bag, unchanged from this time last week. Delaware Chefs are selling for $10.00 per 50# bag, also un-changed for the week. Long Island packers are selling Round White potatoes at the same price as being quoted for Delaware.
This Weekly Potato Report includes current Michigan grower issues, in depth market news, and other time sensitive information. This report contains market sensitive information and your candor in using this information is appreciated. Your comments and suggestions are vital to improving this report and other services.
If you would like to receive this report either by E-mail or Fax, please call the MPIC office at 517-253-7303, Fax: 517-253-7373, or Email: firstname.lastname@example.org. For the MPIC gateway web page, go to http://mipotato.com. The WPR is updated weekly on Wednesday afternoon.
Good News on Potassium