Global potato market is in a fever, overproduction is putting pressure on prices

potatoes were harvested – 10% more than last year. However, the excess supply caused the collapse of the free market: some batches are sold for €5-15 per ton at a cost of about €150. In Poland, the harvest increased by 15%, to 6.8 million tons, which also led to a sharp decrease in prices. Belgian farmers harvested a high-quality but surplus crop, due to which prices fell to €0.10-0.20/kg. In the Netherlands and Germany, the situation is aggravated by weak demand and reduced factory operations. Italian prices have fallen to €0.25-0.30/kg under pressure from French imports, while in Austria and Switzerland the market remains stable but with storage difficulties. Outside Europe, the picture is contrasting. Australia is experiencing a deficit due to drought, South Africa is suffering from overproduction, while Egypt and Pakistan are expecting a successful season thanks to quality seeds and increased exports. “There is too much potato on the ...