Market Report September 7th, 2022

News Category: Market Reports
potato truck

Chip potato markets are quiet. Almost all movement is on contract. Dealers report that quality is good. Yields have been a little above average. The weather has been favorable in Michigan. Growers have given this year’s crop a little extra time to size up and will likely start storing potatoes this weekend.

US packers shipped 1.665 million cwt of table potatoes during the week ending September 3, 2022. That is up from 1.571 million cwt a year earlier. USDA reporting appears to be delayed for Michigan. It did not report any Michigan potato shipments during the week ending September 3, 2022. There were 19,100 cwt of table potato shipments a year ago.

Wisconsin packers are selling size A Russet potatoes in 10# bags for mostly $15.00-$17.00 per 50# bale, down from $16.00-$18.00 per 50# bale last week. They are selling Russet 40-70 count cartons for mostly $35.00-$40.00 per 50# box, unchanged from a week ago. The weighted average shipping point price for new-crop Idaho Russet Norkotahs is $50.98 per cwt. That is down from $56.33 per cwt a week ago.

Big Lake and Central Minnesota packers are selling 2000# tote bags of size A Yellow potatoes for mostly $25.00 per cwt, unchanged from last week. Wisconsin packers are selling 10/5# bales of size A Yellow potatoes for mostly $16.00-$19.00 per bale, unchanged from a week ago. They are selling 50# cartons of size A Yellow potatoes for mostly $16.00-$19.00 per 50# box, also unchanged.