Weekly Potato Report

Michigan Potato Industry Commission
August 27, 2014

Dealers report that current chip potato supplies are more than sufficient to meet processor needs. East Coast weather has picked up. Growers want to dig more potatoes, to clean up supplies that had backed up during the wet weather of the past few weeks. Chip demand is good, though our sources are reporting a seasonal slowdown. Eastern growing areas are experiencing some challenges with oversized chip potatoes (in excess of 4 inches in diameter).

Michigan’s harvest is moving forward. They report good quality and yields on potatoes currently being harvested. However, the wet summer weather is exacerbating the blight situation. The industry may attempt to use some of the blight infested potatoes out of the field, which could exacerbate the current supply situation. Several growing areas, including Michigan, New York and Idaho are experiencing issues related to extremely wet weather, on this year’s potato crop.

US fresh potato shipments for the week ending August 23 totaled 1.838 million cwt. That is up from 1.749 million cwt shipped cwt during the same period in 2013. Michigan shipments for the week ending August 23 totaled 4,500 cwt, compared to 5,200 cwt during the same week last year. All of last week’s Michigan shipments were Round White potatoes.

Wisconsin packers are selling baled 10# bags of size A Russets for mostly $7.00-$7.50 per bale, down from $7.50 per bale at this time last week. They are selling 40-80 count cartons for $11.00-$12.00 per 50# box, unchanged from last week. The weighted average shipping point price Idaho Norkotahs is $11.27 per cwt, down from $12.15 at this time last week.

Wisconsin shippers are selling size A Round White potatoes for mostly $7.00-$8.00 per 50# bag, unchanged from last week at this time. Delaware shippers also are selling 50# sacks of size A Round White potatoes for $7.00 per bag, down from $8.00 per bag at this time last week. Delaware Chefs are selling for $10.00 per 50# bag, down from $12.00 per bag a week ago. 

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.

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info@mipotato.com. For the MPIC gateway web page, go to http://mipotato.comThe WPR is updated weekly on Wednesday afternoon.