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Damage reports from growers in the southwest, North Holland, parts of Friesland and the Flevopolder (NOP) continue to come in. Yet the market does not respond to this. This seems to be due to reports from growers, mainly from Northern France and Belgium, about the fact that regrowth has exceeded expectations in the last 2 weeks.
A lot of growth and catching up, after the lag caused by the dry spring, will ensure that the Belgian and French harvest will also exceed the 5-year average.
Rain is no match for new growth
The damage and losses from excessive rainfall cannot (according to the market) compensate for the regrowth. Many traders and chip processors express their concern about the coming harvest period, especially the supply from the field. The large contract volumes provide little extra space for the free market in the off-shore period.
Regardless of the price, little or no interest is shown for the remaining lots. The additional supply of lots with water damage, which should not end up in storage, finds virtually no buyers.
Logistics job ahead
It seems to be going to be quite a logistical job to get all the potatoes off the land before November 15. The quotation in Emmeloord is significant by quoting €4 to €5, with the comment that no free potatoes have been traded. Only potatoes that are supplied will be collected.
The main harvest looks set to start next week in many areas. In general, Innovator will be the first to be cleared. The weather forecast seems good and the truth about the harvest will slowly emerge.