UPDATE: POTATOES – DEMAND CONTINUES TO EXCEED SUPPLY

July 20, 2022

Remaining 2021-2022 storage potato supplies are almost completely depleted. Many suppliers have ended their 2021-2022 season’s crop. Those with remaining supply will ration stocks. Prices continue to climb to all-time highs.

Storage Supplies

  • The Washington storage season has ended
  • Several Idaho suppliers have already depleted all stocks; demand will shift to those with remaining supply
  • To extend remaining supplies into August, suppliers will shorten weekly production schedules (to not run out of potatoes)
  • Growers will only ship six-week averages moving forward
  • Size substitutions will be required for order fulfillment; ship dates may need to be adjusted
  • Order lead time of at least seven business days is now required to fill orders
  • 40- to 80-count stocks remain extremely limited; 90- through 120-count supplies continue to tighten
  • Remaining supply also exceeds demand in other regions such as Colorado and Wisconsin; the Texas season has concluded

New Crop Norkotahs

  • New crop production will begin in Washington the first week of August
  • Idaho new crop harvesting will start in a limited manner the week of August 8; the bulk of production will get underway the week of August 22
  • Growers anticipate early season yields to be dominated by 70- to 90-count potatoes
  • The size profile is not expected to increase until late August
  • Expect elevated markets to persist until early September

Please contact your Markon customer service representative for more information.

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