Global potato markets in constant flux: insights from Canada, the United States and Europe
Fresh Common Potato
Sustainability & Environmental Impact
Market & Price Trends
Published Dec 6, 2023
Europe is facing a difficult harvest season due to heavy rainfall and flooding, leading to tight supplies and rising prices. This could create opportunities for Canada and the United States to gain market share. The United States is experiencing its largest potato harvest since 2000, with Idaho seeing a significant increase in production. However, there may be a decline in supplies of red potatoes while yellow potatoes continue to increase.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Europe is facing a challenging supply scenario with unprecedented rainfall and flooding, making this year's harvest one of the most difficult on record. In countries such as Belgium, the Netherlands, Ireland and the United Kingdom, 20-30% of the crop was harvested by the end of November. Rising prices and tight supplies are expected to continue in Europe, likely opening up opportunities for Canada and the United States to gain greater market share. Meanwhile, the United States is seeing its largest potato harvest since 2000. Idaho, in particular, has seen a significant increase in production. However, supplies of red potatoes may decline while supplies of yellow potatoes will continue to increase. In summary, the global potato industry is navigating a complex landscape of surpluses and challenges. Canada, with its stable production and ...