News on Potato Trade from the United States

Rabobank is excited to kick off the New Year by participating in the Potato Expo 2025 in Orlando, Florida. Renowned potato market experts, Stephen Nicholson, Global Sector Strategist – Grains & Oilseeds, and David Magaña, Senior Analyst – Horticulture, will be available at the Rabo AgriFinance booth (#712) to engage with attendees and discuss critical trends and opportunities in the agricultural sector.

The National Potato Council (NPC) today revealed its latest report on the economic impact of the USA potato industry.

Potato Expo 2024 is primed to be a unique opportunity to explore the world of potatoes, network with industry leaders, and gain insights into the future of this essential crop.

United States potato exports reached record value and volume in the 12-month period from July 2022 – June 2023. Export values increased 19.05% to USD 2.2 billion, and export volume increased 3.85% to 3.3 million metric tons (fresh weight equivalent).

Washington potato farmers can’t keep pace with worldwide cravings for french fries, hash browns, tots, potato chips and other processed potato products.

Idaho potatoes make it far into Asian markets, but Japan has yet to open its doors to the Gem State’s most famous export.

In 2022, United States potato exports reached a record USD 2.1 billion in sales. Compared to 2021, volume sales declined -4.2% but were higher than 2018 and 2020 (fresh weight equivalent).

With international markets across the globe showing solid signs of recovery, it’s no surprise that the value of U.S. potato exports was up for all potato types July – Dec. 2022, compared with the same six months in 2021.

The President of Potatoes USA says worldwide demand for the tuber is outpacing production.

Potato retail sales in the United States increased in dollar value by 17.2% but decreased in volume sales by -1.3% from October – December 2022 compared to the same timeframe a year ago.

The U.S. Department of Agriculture’s Foreign Agricultural Service is awarding USD 202.7 million to more than 60 U.S. agricultural organizations to help expand export markets for U.S. farm and food products through the Market Access Program.

Across the globe, restaurants are back to operating at normal capacity, borders are opening for tourism, and many consumers are looking for high-quality, nutritious food options, all leading to strong demand for US potatoes.

US Potato retail sales increased in dollar sales by 17.8% but decreased in volume sales by 2.1% from July - September 2022 compared to the same timeframe a year ago. Despite a small decrease in volume sales.

Eagle Eye Produce had been harvesting new crop potatoes for several weeks before beginning harvest for its storage supplies the week after Labor Day. While it is still too early to know the overall projection for the crop.

Potato retail sales in the United States increased in dollar value and decreased slightly in volume from April - June 2022, compared to the same period in 2021. As prices increased by 13.6%, dollar sales increased by 12.6%. Volume sales decreased 0.8%.

U.S. farmers started shipping fresh potatoes into the Mexican interior in May, about 20 years after an initial deal was signed between the two countries.

Potatoes USA, the marketing and promotion board for the potato industry in the United States, elected new leadership during its Annual Meeting on March 9, 2022. The newly elected Chairman and Executive Committee will lead the Board through 2022-2023.

The National Potato Council released the following statement in response to a joint announcement by U.S. Secretary of Agriculture Tom Vilsack and Mexico Secretary of Agriculture and Rural Development Víctor Villalobos