As of February 26, 2025, the Michigan potato industry has successfully finalized the majority of contracts for the upcoming chip potato harvest. While contract volumes remain steady or have slightly decreased, prices have experienced a modest increase of 1% to 2%.
In the week ending February 22, 2025, U.S. packers shipped approximately 1.683 million cwt (84,150 tons) of table potatoes, an increase from 1.569 million cwt (78,450 tons) during the same period in the previous year. However, Michigan’s shipments declined to 27,730 cwt (1,386.5 tons) from 64,066 cwt (3,203.3 tons) year-over-year, with all shipments comprising russet varieties.
Pricing for Michigan’s size A russet potatoes has remained stable, with 10-pound bags selling for $10-$11 per 50-pound bale and 5-pound bags for $11-$12 per 50-pound bale. Wisconsin packers offer similar products at slightly lower prices, with 10-pound bags ranging from $9 to $10.50 per 50-pound bale and 40-70 count cartons mostly at $12-$13 per 50-pound box.
In the Red River Valley, size A yellow potatoes in 2,000-pound tote bags have seen a price increase to $19-$21 per cwt, up from $18-$20 per cwt the previous week. Yellow creamers continue to sell for $26-$28 per 50-pound carton. Florida packers are pricing 50-pound cartons of size A yellow potatoes between $23.70 and $26.25, with yellow creamers at $40.25-$40.95 per 50-pound carton.
The Michigan potato industry is navigating a dynamic market landscape, characterized by stable or slightly reduced contract volumes and modest price increases for the 2025 chip potato harvest. While national potato shipments have risen, Michigan has experienced a notable decline in shipments compared to the previous year. Despite these fluctuations, pricing for russet potatoes has remained stable, reflecting a balanced supply and demand scenario. Continuous monitoring of market trends and strategic planning will be crucial for stakeholders to maintain profitability and adapt to evolving conditions.