United States: 'Reports about weak demand for frozen potato products exaggerated'

United States: 'Reports about weak demand for frozen potato products exaggerated'
According to market analyst and editor of North American Potato Market News, Bruce Huffaker, alarmists appear to be exaggerating reports about weakness in demand for frozen potato products. While there is no doubt that the economy has hurt demand, one anonymous report extrapolated a 13% drop in December retail sales (about 10% of total Fry business) into a 20% cut in Pacific North West contract volume for the 2009 crop.

"While reduced imports may be responsible for holding domestic sales steady, we find no evidence to support the reports of such draconian cuts in contract volume,"Mr Huffaker said in last week's issue of NAPMN. Contract volume reductions may approach 8% in the Columbia Basin, he said. Idaho cuts could be less pronounced.

Mr Huffaker expects that areas that have not yet signed 2009 contracts, including Wisconsin, Maine and Canada may see volume increases, as buyers expect to pay much less for potatoes in those areas.
Like to receive news like this by email? Join and Subscribe!
Join Our Telegram Channel for regular updates!
Sponsored Content
Gauchitas y Zuelo presentan las primeras papas fritas en aceite de oliva virgen extra de Argentina
July 09, 2024

Argentina: papas chips, extra premium

Argentina continua innovando en materia industrial, esta vez combinando dos productos insignia: papas y aceite de oliva.
The Nacho Fries Lover’s Pass makes a comeback, unlocking 30 days of a regular order of Nacho Fries for just USD 10 exclusively through the Taco Bell app.
July 07, 2024

Nacho Fries season continues! Taco Bell® brings back Nacho Fries lover's pass and debuts Jalapeño Ranch Nacho Fries

Forget National Fry 'Day' – Taco Bell is celebrating Nacho Fries all month long by giving fans the chance to unlock 30 days of Nacho Fries in addition to an entirely new flavor!
How to Cook Frozen French Fries: Expert Advice
July 07, 2024

How to Cook Frozen French Fries: Expert Advice

Everyone in your kitchen knows how to cook frozen french fries, right? With the extraordinary turnover in kitchen staff driven by the pandemic, fry-cooking competency isn’t a given any more. Simplot shared this extensive advice and a lot of tips!
Sponsored Content