Market Report November 16, 2022

News Category: Market Reports
potato truck

Michigan growers have shipped 3.36 million cwt of chip potatoes since Aug. 1 compared to 3.46 million cwt during the same 15-week period in 2021. That is down 96,000 cwt or 2.8% from year earlier movement.

Chip potato movement from Wisconsin is up 12.7% from last year’s pace. Reported chip potato movement from New York and Maine is down 32.9% and 46.2%, respectively. U.S. chip potato shipments totaled 14.98 million cwt during the same timeframe. That is 167,000 cwt, or 1.1% below year-earlier movement.

Thanksgiving table potato movement has been strong. U.S. packers shipped 2.155 million cwt of table potatoes during the week ending Nov. 12. That is down from 2.174 million cwt shipped a year earlier. Michigan’s reported shipments totaled 30,400 cwt of potatoes during the week ending Nov. 12. That is down from 70,400 cwt during the same week in 2021. Last week’s reported Michigan shipments were:

  • 44.3% russets
  • 40.7% round white potatoes
  • 7.5% yellow potatoes
  • 7.5% red potatoes

Russets

USDA reports that Michigan packers are selling size A russets in 10-pound bags for $15-$17 per 50-pound bale, unchanged from last week. They are also selling size A russets in 5-pound bags for $15-$16 per 50-pound bale, also unchanged. Wisconsin packers are selling size A russets in 10-pound bags for mostly $14-$15 per 50-pound bale, unchanged from last week. They are selling Russet 40-70 count cartons for mostly $22-$30 per 50-pound box, also unchanged. The weighted average shipping point price for Idaho Russet Norkotahs is $36.72 per cwt. That is up from $33.71 per cwt a week ago.

Yellows

Wisconsin packers are selling 10/5# bales of size A yellow potatoes for mostly $16-$19 per bale, unchanged from a week ago. They are selling 50-pound cartons of size A yellow potatoes for mostly $16-$19 per 50-pound box, also unchanged. Red River Valley packers are selling size A yellow potatoes in 2,000-pound tote bags for mostly $23-$26 per cwt, unchanged from last week.