Tridge summary
The potato growers' group, Potatoes USA, has reported a decrease in overall sales for 2020 due to the pandemic. Despite a 9% increase in retail sales, it could not make up for the 13% decrease in foodservice use and the 2% decrease in exports. The foodservice potato sales dropped from 58% to 53% after the pandemic began. However, there was a nearly 9% increase in retail sales for frozen and dehydrated potato products, with fresh potato sales also up 9.5%. The largest volume category, potato chips, also saw a sales growth of 5.5%.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
A potato grower’s group says overall 2020 sales were down because of the coronavirus pandemic. The marketing year sales and utilization report from Potatoes USA shows retail potato sales jumped 9% or about 1.3 million pounds, but it was not enough to offset the 13% decrease in foodservice use and the 2% decrease in potato exports. The report says foodservice potato sales peaked at 58% in the 2019 marketing year but dropped to 53% after the pandemic began. Frozen and dehydrated potato products ...
Source: Brownfield Ag
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