At the European level, the effects of various lockdown measures over the last few weeks are becoming more apparent, with heightened nervousness related to Omicron encouraging buyers to keep stock levels to a minimum and keeping trade flat.
“In Europe, the effects of various lockdown measures over the last few weeks are becoming more apparent. […] Prices are generally unchanged. Peelers who produce ‘fresh fries’ for the catering sector report a decline in demand of 10% to 25% due to lockdown restrictions. Factories are running at full capacity and physical prices are described as ‘holding to firm’ with some increases this week. Export markets remain active, particularly for Eastern Europe,” according to the latest Irish Farmers’ Association (IFA).
Lower Potato Yields in Certain Irish Counties
The IFA report also shows that demand and consumption are floating this week, as Ireland approaches Christmas week and colder weather also increases consumption.
“Yield dig figures indicate that the harvest was slightly increased on rolling average yields of the past few years. However, it was noted that there were some issues in crops that resulted in lower yields in certain counties. Cold spring/early summer months, followed by drought conditions in July where crops were ‘shut down’ contributed to this variation,” the report revealed.
