UPDATE: POTATOES – STORAGE SUPPLY NEARLY DEPLETED, NEW CROP RELIEF STILL SEVERAL WEEKS AWAY

August 10, 2022

The few remaining sheds Burbank supplies will empty out their final storage facilities by early next week. The next few weeks will be the most challenging for ordering  potatoes on record. Historic pricing levels will be met daily.

Remaining Storage Stocks

  • Most Idaho suppliers are experiencing a supply gap between storage and new crop
  • A limited number of order shipments will occur each day to retain as many stocks as possible
  • Sheds with product need to slow production to stretch volume out over the next few weeks and avoid a supply gap
  • Daily size substitutions will be required for best order fulfillment; expect requested ship dates to be adjusted for allocation
  • 40- to 80-count stocks remain extremely limited; 90- to 120-count supplies continue to tighten

New Crop Potatoes

  • New crop production is underway in Washington
    • Volume is low
    • Washington may supplement supply shortages in Idaho; however, due to small size and currently limited supply, this has not been a viable option yet
  • A few Idaho suppliers in the central part of the state have begun to harvest in a very limited manner
  • The bulk of Idaho production will begin the week of August 22
  • Idaho and Washington growers anticipate early season yields to be dominated by 70- to 90-count potatoes
    • Size profile is not expected to increase until September; there will be limited 40- to 60- count potatoes available
    • U.S. No. 2 production will be low until potatoes are shipped out of storage, as supplies look their best straight out of the field
  • Colorado and Wisconsin production will begin in September
  • Limited quantities of Texas potatoes are forecast to ship the week of August 15
  • Expect elevated markets and supply struggles to persist into September

Please contact your Markon customer service representative for more information.

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