Dutch farmers expect an increase in the cost of potatoes

Published 2024년 1월 8일

Tridge summary

The Dutch Agricultural Union (NAV) has calculated the expected cost of consumer potatoes for the 2024 season, finding that contract prices must rise by at least 2.5 to 3 cents to cover producer costs. This is due to an increase in various cost items and a slight increase in the overall cost of the 2024 crop compared to the previous season. The Consumer Potato Producers Organization has developed a contract tool to compare contract prices from different buyers, showing that prices for the 2023 crop averaged 18.5 cents/kg for end-September delivery and 24.5 cents/kg for end-March delivery, and they believe that prices for the 2024 crop will need to increase by another 2-3 cents to ensure profitability for growers.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The Dutch Agricultural Union (NAV) has again calculated the expected cost of consumer potatoes for the next season. Contract prices for the 2024 crop must rise by at least 2.5 to 3 cents (10%) to cover producer costs. This is reported by PotatoPro. The NAV Working Group on Consumer Potatoes (WCA) has been conducting these cost calculations annually since 2010. In the calculation for the 2024 harvest, a number of cost items have increased (labour, land and plant protection products) and decreased (fertilizers, electricity and fuel). The end result is that the expected cost of the 2024 crop will be slightly higher than the 2023 season. For clay soil, the cost price excluding VAT at the field level is 18.8 cents/kg, and for delivery from storage it is 24.2 cents/kg. For sandy soil, the cost price without VAT when delivered directly from the field is 15.5 cents/kg, and when delivered from the barn – 20.2 cents/kg. The Consumer Potato Producers Organization has developed a contract ...
Source: Agrotimes

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.