Canadian potato landscape: Record stocks and regional disparities define the market

Published 2024년 5월 1일

Tridge summary

Canada's potato stocks are at a high of 52,393,000 cwt, exceeding the 5-year average, with the majority of potatoes stored in the western provinces for processing. However, Quebec and the Maritimes have lower stocks due to a rainy growing season and higher cull rates. The fresh sector is well balanced with no carryover concerns for the new crop. Processing sector stocks are 24% higher than last year, attributed to record production and increased acreage. Seed sector stocks are 5.6% lower than last year in April. The total potato disappearance in Canada in March was slightly lower than last year. The United Potato Growers of Canada will continue to monitor the industry's planting progress and market conditions.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

With a total of 52,393,000 cwt in storage, stocks are well above the 5-year average. ​ The majority of the potatoes are in the western provinces, particularly in the processing sector. ​ In Quebec and the Maritimes, potato stocks are lower than last year and the 5-year average due to a rainy growing season and higher cull rates. ​ However, the fresh sector remains well balanced, with no concerns about carryover into the new crop. ​ In the processing sector, stocks are 24% higher than last year, driven by record production and increased acreage. ​Despite surplus, there is movement from west to east to balance out shortages. ​ The seed sector saw increased movement in March, but overall stocks are 5.6% lower than last year in April. ​ Inventories are higher than the 5-year average in PEI and Ontario, but reduced in other regions. ​ In March, total potato disappearance in Canada was slightly lower than last year, with movement down in the east. ​ The seed sector outpaced last year’s ...
Source: Argenpapa

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