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November 1, 2017 Market Report

North American Potato Market News  | Published on 11/1/2017

Michigan growers were able to get back in the field this week. They still have 3%-4% of this year’s crop left in the field. Those potatoes continue to fry, in spite of low pulp temperatures. They are being shipped against storage contracts. They are delivering as well, or better than potatoes coming out of storage. Any remaining field contracts, in other growing areas, will be cleaned up this week. Chip plants will be running exclusively on storage contracts next week. They are showing no interest in open market purchases at this time. Observers indicate that Michigan may be the only chip growing area with significant volumes of open potatoes available.

US fresh potato shipments for the week ending October 28, 2017 totaled 1.903 million cwt. That is down from 1.965 million cwt shipped cwt during the same period, in 2016. Michigan packers shipped 49,650 cwt of fresh potatoes during the week ending October 28. That is down from 59,650 cwt a year earlier. This week’s Michigan shipments were 85.7% Russets, 6.8% Round White potatoes, 4.6% Red potatoes, 1.8% Yellow varieties, and 1.0% fingerlings.

Wisconsin packers are selling 5/10# Russet potatoes for mostly $7.00-$7.50 per 50# bale, unchanged from last week at this time.  Wisconsin 40-70 count cartons are selling for mostly $12.00-$12.50 per box,up from $11.00-$12.00 per box at the same time last week. The weighted average price for Idaho Norkotahs is $16.32 per cwt, up from $15.70 per cwt a week ago.

Long Island packers are selling Size A Round White potatoes for $8.00-$8.25 per 50# sack, unchanged for the week. They are selling Chefs for $9.00-$9.50 per 50# sack, also unchanged.