Weekly Potato Report
Michigan Potato Industry Commission
July 29, 2015
The chip potato harvest momentum is picking up in southwest Michigan. Yields appear to be on budget, solids are good, and demand is strong. Chip companies appear to be slightly ahead of schedule with contract movement. Harvest is widely dispersed, but supplies are cleaning up rapidly. Surpluses which frequently plague the industry at this time of year have failed to surface so far. That should allow the industry to clean up field delivery contracts in a timely manner.
Though chip companies are reporting some quality issues with the summer crop, overall conditions ap-pear to be good. Crop development is good. Temperatures have started to pick in eastern growing areas. The trade hopes that the heat will keep late blight at bay.
US fresh potato shipments for the week ending July 25, 2015 totaled 1.654 million cwt. That is up from 1.608 million cwt shipped cwt during the same period, in 2014. Michigan shipments for the week ending July 25 totaled 6,000 cwt. Shipments from the 2013 crop had ended by this time last year. The Michigan shipments were all Russets. Michigan’s 2014/15 storage table potato season is the longest on record for the state. Though fresh shipments are slowing down, growers may carry some Russets into August.
Market News has discontinued reporting prices for Wisconsin Russet potatoes from the 2014 crop, as the shipping season is winding to a close. The weighted average shipping point price for Idaho Burbanks is $10.56 per cwt, down from $10.65 per cwt a week ago.
North Carolina shippers are selling 50# sacks of size A Round White potatoes for $6.00 per bag, down from $6.00-$6.75 at this time last week. Virginia packers are selling 50# sacks of size A Round White potatoes for $6.75-$7.25 per bag, unchanged from last week at this time.
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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Major Meeting Coming
Field Day, POP Update