Analysis Potatoes
Buying French fries potatoes better in Germany
If you look at the contribution of the cash settlement (CS) for Germany in recent weeks, you as a buyer would be better off buying your potatoes in that country. What's up with that?
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Choose the subscription that suits youThe difference with the average market price - as evidenced by the CS overview - between the countries Belgium, France and the Netherlands in particular is large. For week 7, the difference between the contribution of Belgium (€20,50) and France (€20,50) versus that of Germany (€19,09) has increased to €1,41. The difference with the contribution from the Netherlands has even increased to €3,86! On a box of, for example, 500 tons of fries potatoes, this saves no less than €19.000.
What is special is that grower organization Reka from the Rhineland recorded an average of €20,50 for varieties such as Fontane, Challenger, Innovator and Agria in the past two weeks, while AMI (the organization that compiles the input for the German CS) does not exceed slightly more than €19. AMI collects market prices from all states and Germany is of course larger than the Rhineland and North Rhine-Westphalia (core area of Reka).
Apparently the input to achieve an average quotation is significantly lower in the large potato state of Lower Saxony than in central Germany. There is some logic. Sales from the core area of Reka growers are largely focused on the Belgian and Dutch market, where market prices indeed average €20,50. In the north of Germany - where the potato harvest was slightly above the multi-year average - the processors located there are in control.{{dataviewSnapshot(2_1645112330)}}