There are around 32,500t of the country’s key potato varieties from 2019 remaining in stores.

The latest IFA potato stocks survey figures reveal that, as of 31 May 2020, potato stocks were on a par with last season, but considerably lower than previous years.

It is predicted that with this amount of stock in store, there should be enough to supply the market until mid-August, similar to 2019.

However, another factor that needs to be taken into account at this stage is the current market situation.

The report suggests that the retail market still remains 15% to 20% above normal. However, food service demand has been significantly reduced over the past three months.

Although more outlets are opening, it will take some time to restore sectoral balance.

Drought

Drought conditions are also a key concern. Moisture deficits are higher than at this stage in 2018, particularly in the east and northeast, where 50% of the potato crop is grown.

If this continues, demand and prices will increase for old-season crop as the year progresses.