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Market Report March 22nd, 2018

North American Potato Market News  | Published on 3/22/2018
Chip potato markets remain quiet. Chip companies are running plants almost exclusively on contract potatoes. Movement is steady, with supplies expected to last into June for some northern plants. Contract negotiations are ongoing. Virginia growers are planting potatoes. 
US fresh potato shipments for the week ending March 17, 2018 totaled 1.830 million cwt. That is down from 1.984 million cwt shipped cwt during the same period, in 2017. Michigan packers shipped 55,735 cwt of fresh potatoes during the week ending March 17. That is up from 49,800 cwt a year earlier. Last week’s Michigan shipments were 72.6% Russet potatoes, 21.0% Round White potatoes, 5.0% Yellow varieties, and 1.3% Reds.
Michigan packers are selling 10# bags of Size A Russet potatoes for $1.70-$2.00 per bag, unchanged for the week. Wisconsin packers are selling 5/10# Russet potatoes for mostly $8.00-8.50 per 50# bale, unchanged for the week. Wisconsin 40-70 count cartons are selling for mostly $15.00-$15.50 per box, up from $14.00-$15.50 a week ago. The weighted average price for Idaho Norkotahs is $13.31 per cwt, up from $13.23 a week ago.
USDA has discontinued reporting prices for Michigan Round White potatoes, for the 2017 crop. Maine shippers are selling 5/10# bags of 2” min Round White potatoes for $9.00-$9.50 per 50# bale, unchanged from last week at this time. Florida growers are selling 50# cartons of Round White potatoes for mostly $18.50 per box, unchanged for the week.

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