As we move closer to the 2024-2025 marketing year (MY), the potato market in northwestern Europe presents a mixed picture of stability and uncertainty. According to the Expana Benchmark Prices (EBP), the price of Dutch processing potatoes has held steady at EUR150 per metric ton (mt) month-on-month, while the price for Belgian Fontane potatoes remains unchanged at EUR125/mt. Market experts from Expana describe the market as “stable,” though both buyers and growers are awaiting more clarity on the forthcoming 2024 harvest.
This period of stability comes amid a backdrop of expectations for increased regional potato production. The North-western European Potato Growers (NEPG) group has projected that total potato output in the EU-4 countries (Netherlands, France, Germany, and Belgium) will surpass the 22.7 million tonnes produced during the 2023-2024 season. This increase in production is largely due to a 7% year-on-year (YoY) expansion in planted hectarage across these key potato-growing nations.
However, despite this promising increase in planted area, farmers across the region have faced significant obstacles throughout the 2024 growing season. One major issue has been a scarcity of seed potatoes, which has pushed up costs and forced many farmers to rely on chopped seeds. This is not only a costly solution but also comes with added risks for crop uniformity and disease spread.
Moreover, weather conditions in 2024 have been far from ideal. In Belgium and the southern Netherlands, heavy and persistent rains delayed plantings and stretched the growing season to an extended 10-week period. This, combined with poor soil conditions, has exacerbated plant stress and disease susceptibility. In contrast, France and Germany experienced slightly more favorable weather conditions, though they were not immune to the broader regional challenges.
One of the most pressing concerns for potato farmers in 2024 has been the unusually high incidence of late blight, a disease that thrives in wet conditions. Farmers have reported one of the worst late blight seasons in recent years, driven by new or evolving strains of the pathogen. The extended planting periods and poor soil conditions have created an environment in which the disease has flourished. To manage this, growers have had to resort to using a mix of different active ingredients in their crop protection treatments, increasing both the number of spray applications and the overall cost of disease control.
The combination of these challenges has placed additional financial and operational pressure on farmers, who must balance increased production costs against market stability. While the EBP prices remain steady for now, there is still considerable uncertainty about how the 2024 harvest will ultimately unfold and how it will affect prices in the coming months.
The potato market in northwestern Europe is currently holding steady, but farmers are grappling with a challenging growing season marked by seed shortages, poor weather conditions, and unprecedented late blight pressures. Despite an expected increase in potato production for 2024-2025, the cost of managing these challenges may affect profitability for many growers. As the market awaits more clarity on the 2024 harvest, it will be crucial for farmers, agronomists, and agricultural scientists to stay informed on disease management strategies and market dynamics.