Irish market stable amid balanced supply
The Irish potato market remains stable as retail demand and consumption levels remain stable, according to the latest Irish Farmers Association (IFA) report. Following a tense end to last season, current market conditions have levelled off, ensuring a smooth supply of potatoes for the remainder of the season.
While there has been some pressure on farm gate prices in the last two weeks, experts expect prices to stabilise in the near term. The key support for the market remains the limited amount of carry-over stock from the previous season, helping to avoid oversupply.
European prices stabilise after rising
In the wider European market, the physical price rise seen since the start of the year has paused.
- Contract deliveries of potatoes are being fulfilled quickly, but demand for free-buy potatoes remains weak.
- Export volumes have fallen as international buyers adjust to the recent price increases.
- However, limited but stable trade remains, especially between the Netherlands, the Caribbean and Africa.
Weaker demand for unloaded potatoes and weaker export supplies suggest that the market may be entering a more cautious phase, with buyers waiting for possible price adjustments before making new commitments.
Market outlook: Stabilisation or another surge?
If unloaded demand does not pick up, European prices could face further consolidation or even a downward correction. In Ireland, the situation looks stable, and if retail demand continues, farmers should be able to avoid sharp price fluctuations.
Do you think cautious buyer behaviour will lead to lower potato prices in Europe? Share your predictions!
