SUBDUED IRISH MARKETS

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Spiralling costs to be recognised and paid for by Irish potato packers and retailers

IRISH markets remain largely unchanged at present and are reported to be subdued, especially in comparison to trade experienced during the pandemic. Energy costs remain a source for concern for potato growers with stocks in storage.

This, coupled with production costs for the 2022 season, is causing many growers to reconsider their plantings. Many growers may be forced to cut back on planted acreage as a result. These spiralling costs must be recognised and paid for by potato packers and retailers.

Cold weather has affected the Eastern Mediterranean this year and crops are delayed by around two weeks in Israel and Cyprus and possibly a delay of four weeks in Sicily. In the UK, it was another difficult week for free buy of all varieties and there are reports that growers are already considering clearing stores for stockfeed rather than face ongoing costs for storage.

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Source: ifa.ie / Fresh Plaza

For more details on this and other market updates, see the May issue of Potato Review. You can subscribe here.

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