Agro News Hubb
Advertisement Banner
  • Home
  • Agro News
  • Agro Technology
  • Contact
No Result
View All Result
  • Home
  • Agro News
  • Agro Technology
  • Contact
No Result
View All Result
Wellnessnewshubb
No Result
View All Result
Home Agro News

Potato demand exceeds world production

admin by admin
February 9, 2023
in Agro News


News

Potato demand exceeds world production

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

Blair Richardson told the Wisconsin Potato and Vegetable Growers conference that 20 years ago, the U.S. controlled about 55% of the global potato export market, but now, it’s closer to 23%. “We’ve lost a lot of market share, but during that period of time, we’ve almost doubled our exports of potatoes, so we’ve increased our exports, lost massive market share, and what that means is demand for our products is growing more rapidly around the world than we can keep up with.”

And, he says despite massive increases in European potato production, they can’t keep up with demand. “They are so concerned that they can’t get all of the product they need for their frozen products, the frozen processors increased their contract prices by 40% this year. That’s on top of the 25% increase last year, and they still are not going to be able to fully contract all of the acreage they need to supply their processing plants.”

Richardson says U.S. potato export sales were up 9% last year and 28% compared to five years ago.  He says domestic retail sales have also reversed a trend by going up 6% over pre-COVID levels of five years ago.

Richardson says U.S. foodservice sales are also recovering, even with fewer restaurants because of the pandemic.

Statistics show America’s favorite vegetable is potatoes followed by broccoli, corn, and tomatoes.





Source link

Previous Post

Farmer sentiment continues to improve further into 2023

Next Post

Super Bowl LVII to be played on Oklahoma State’s turfgrass

Next Post

Super Bowl LVII to be played on Oklahoma State's turfgrass

Recommended

Farming accident claims the life of farmer, another injures child

6 months ago

John Ruedinger named 2022 World Dairy Expo Producer of the Year

6 months ago

agro-50

© 2022 Agro News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • Agro News
  • Agro Technology
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • Agro News
  • Agro Technology
  • Contact

© 2022 Agro News Hubb All rights reserved.