Covid-19 causes low starch potato prices in Poland

Published 2021년 11월 20일

Tridge summary

Polish potato producers are expressing dissatisfaction with the low prices offered by potato starch plants, which are around 10 percent lower than the 2019/2020 season. This situation is attributed to the COVID-19 pandemic, which has resulted in an oversupply of last season's stocks in both Poland and Europe. Additionally, excessive rainfall this season has led to the deterioration of potatoes, increasing their supply for processing and further driving down prices. The Ministry of Agriculture is monitoring the situation and will intervene if a crisis in the potato market is anticipated.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Potato producers are complaining about the low prices offered to them by potato starch plants. In the current season, they are about 10 percent. lower than in the 2019/2020 season. At the same time, the prices of edible potatoes in wholesale are significantly higher than those of starch potatoes (approx. PLN 0.60 / kg), which may additionally cause dissatisfaction of their producers. According to the Ministry of Agriculture, one of the reasons for the low prices of starch potatoes this season is the outbreak of the COVID-19 pandemic. The starch industry plants in Poland still have stocks of unsold goods produced last season. The situation is similar all over Europe. - In addition, in the current season, due to the large amount of rainfall, potatoes deteriorate quickly and can no longer be stored, hence their large supply for processing. This situation means that starch plants have a lot of goods and do not have to encourage farmers to provide them with potatoes - informs ...
Source: Wrp

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