Idaho potato prices advance on smaller crop

University of Idaho Extension for news

University of Idaho Extension

September 27, 2010
Idaho potato farmers are in the thick of harvesting the new crop following a dismal year for many producers.
Growers in the state received an average price of just $4.25 per hundredweight for their 2009 fresh-market crop.
That's less than half what the 2008 fresh-market crop fetched and about $2 to $3.50 per hundredweight below the cost of production, according to calculations from the University of Idaho.

But with Idaho spud plantings down 8 percent this year to the lowest level since 1980, it's reasonable to expect better fresh-market returns, said UI Extension agriculture economist Paul Patterson.

Idaho growers planted an estimated 295,000 acres of potato this year compared with 320,000 acres in 2009.

New-crop prices so far have been much improved.

Idaho growers received an average of $11.56 per hundredweight for Russet Norkotahs for the week ending Sept. 18, according to a fresh market report from United Potato Growers of Idaho. That's almost double the $6.31 per hundredweight that growers were getting for Norkotahs a year ago.
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