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Market Report July 18th, 2018

North American Potato Market News  | Published on 7/18/2018
The heat appears to have moderated, allowing crops in Wisconsin and Michigan to recover from last week’s heat. However, rain will be welcome (as long as it does not come too fast). Chip companies will be anxious to start harvest in Michigan and Wisconsin, as crops in several growing areas, including Missouri, North Carolina and Vincennes, appear to have come up short, this year. Harvest will get underway on July 29 in SW Michigan and on August 5 in Wisconsin. The Wisconsin start date is at least a week ahead of schedule, though growers indicate that crop development is running 5-7 days behind average.
US fresh potato shipments for the week ending July 14, 2018 totaled 1.817 million cwt. That is down from 1.986 million cwt during the same period, in 2017. Michigan packers shipped 18,900 cwt of fresh potatoes during the week ending July 14. That is up from 14,000 cwt a year earlier. Last week’s Michigan shipments were all Russet potatoes.
Wisconsin packers are selling 5/10# Russet potatoes for mostly $10.00 per 50# bale, up from $9.50-$10.00 per bale a week ago. Wisconsin 50-70 count cartons are selling for mostly $19.00-$20.00 per box, up from $19.00-$19.50 per box last week at this time. The weighted average shipping point price for Idaho Russet Burbanks is $15.34 per cwt. That is up from $15.11 per cwt at this time last week.
North Carolina shippers are selling size A Round White potatoes in 2000# totes for $24.00-$26.50 per cwt, down from $26.00-$26.50 per cwt a week ago. Virginia packers are selling 50# bags of Size A Round White potatoes for $13.75 per bag, unchanged from this time last week. They are selling Round White chef potatoes for mostly $16.75 per 50# bag, also unchanged for the week.

Adv Farm Equipment