September 6, 2017 Market Report
Chip potato supplies are plentiful. Growers are gearing up to start storing chip potatoes, across the northern tier of states, this week and next. Current temperatures are ideal for storing potatoes. Yields appear to be average, or better, in most of the storage growing areas. Chip companies are running late on taking field-delivery contracts, but the duration varies, depending upon company and growing region. Some companies may be as much as two weeks late taking contracts. Dealers anticipate that the companies will run on the field delivery potatoes longer than usual, which will push back the start dates for storage potatoes.
The industry is generally pleased with chip potato yields and quality. Solids appear to be slightly above average, but not so high as to create fear of bruising, in most areas, though growers in Wisconsin indicate that extremely high solids for the crop in that state will require special care during harvest and handling. Some Michigan potatoes also have exceptionally high solids, but most appear to be manageable.
US fresh potato shipments for the week ending September 2, 2017 totaled 1.981 million cwt. That is up from 1.8140 million cwt shipped cwt during the same period, in 2016. Michigan packers shipped 22,020 cwt of fresh potatoes during the week ending September 2. That is down from 25,425 cwt a year earlier. This week’s Michigan shipments were 95.9% Russets and 4.1% Round White potatoes. USDA has revised Michigan’s shipments for the last two weeks upward. Nevertheless, season-to-date shipments only total 60,420 cwt, versus 82,114 cwt a year ago.
Wisconsin packers are selling 5/10# Russet potatoes for $7.00-$7.50 per 50# bale, down from $7.50-$8.00 per bale at this time last week. Wisconsin 40-70 count cartons are selling for $18.00-$20.00 per box, down from $19.00-$21.00 per box a week ago. The weighted average price for Idaho Norkotahs is $20.79 per cwt, down from $23.64 per cwt last week at the same time.
Long Island packers are selling Size A Round White potatoes for $8.50-9.00 per 50# sack. They report a few sales of Chefs for $10.75-$11.00 per 50# sack. FIRST REPORT FOR LONG ISLAND. Delaware packers are selling Size A Round White potatoes for mostly $8.75 per 50# sack, unchanged from last week at this time.