Inside: Potato Market
Strong precipitation forecast allows market to recover
The futures market for the April 2018 contract is making a clear advance halfway through week 36.
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Choose the subscription that suits youThe firmer undertone is not directly motivated by greater demand from the physical market or by the prospect of lower yields, but because of possible harvest problems.
Forecast: lots of precipitation
There appears to be a lot of precipitation in the coming period. Some weather reports even mention locally more than 100 millimeters of water. These types of weather reports make potato growers who lived through 1998 tremble.
The current hectare yield will only be further increased by the expected precipitation, especially when it comes to the later varieties (Marquis and Agria). This will therefore not provide much impetus to the market. So today it is only the argument 'will and can everything be cleared' that is causing the market to revive somewhat.
The forecast for the coming period.