Weekly brief
Issue archive
Every The Russet Report brief: what moved in the potato market, week by week.
Basin Norkotah Up 8% to $21.00, Count Premium at Zero
Columbia Basin russet Norkotah firmed to mostly $21.00, 50 lb carton, across all counts, up 8% on the week. Idaho 70-count holds at mostly $24.00. Canadian potato imports jumped 80% week over week to 69,905 cwt.
Idaho Exports at 17,985 cwt, 1,322% Above the Five-Year Median
Idaho potato export volume reached 17,985 cwt for the week, up 227% week over week and 1,322% above the five-year median. FOBs on Norkotah 40- and 50-count cartons hold at $24.00, 100% above the five-year median.
Idaho Norkotah 70-Count at $23.00, $6.00 Over the Columbia Basin
Idaho Norkotah 70-count reached $23.00 this week, opening a $6.00 gap over the Columbia Basin at mostly $17.00. Idaho 40s and 50s are at $24.00, 92% above the five-year median per USDA shipping point reports.
Nebraska Ships 103,395 cwt, 130% Above the Five-Year Median
Nebraska led a broad fall harvest volume surge at 103,395 cwt, 130% above the five-year median. Idaho Norkotah 40 and 50-count held at $22.00 per 50 lb carton, 83% above their five-year median, as volume ran elevated across origins.
Idaho Norkotah 40-Count at $22.00, $1.00 Over the 70-Count
Idaho Norkotah 40 and 50-count FOBs hold at mostly $22.00, 50 lb carton, $1.00 over the 60 and 70-count at $21.00. Maine shipments rose 123% week over week and are running 196% above the five-year median.
Basin Norkotah 40-Count Eases to $20.00, Idaho 70-Count Holds $21.00
Basin Norkotah 40-count and 50-count cartons eased to $20.00, 50 lb, down 7% on the week per USDA shipping point. Idaho 70-count held at mostly $21.00. Fall harvest movement ran well above seasonal norms at multiple origins.
Russet Norkotah 70-Count at $20.00 Across Four Origins
Columbia Basin Norkotah 70-count firmed to mostly $20.00, up 11% on the week, joining Idaho, San Luis Valley and Wisconsin at $20.00 or better. Idaho's 60 and 70-count are running 46% above their five-year median.
Basin Norkotah 60-Count Firms to $20.00, Even With Idaho 70-Count
Basin Norkotah 60-count firmed to mostly $20.00, 50 lb carton, up 11% on the week, reaching parity with Idaho 70-count FOBs as fall harvest runs. Idaho exports fell 84% week over week.
SLV Norkotah 70-Count at $20.00, Level With Wisconsin
SLV Norkotah 70-count at mostly $20.00 on Aug 27, matching Wisconsin and running $2.00 over the Columbia Basin. Idaho Burbank last quoted $16.00 on Aug 14. Idaho export movement up 91% on the week, 772% above the five-year median.
Columbia Basin Norkotah 60-Count Firms to $17.00, Up 17% on the Week
Columbia Basin russet Norkotah 60-count up 17% on the week to $17.00 per 50 lb carton, sitting 24% below the 5-yr median. Michigan volume surges 533% week over week. Wisconsin 70-count holds at mostly $21.00, the high on the belt.
Idaho Burbank 40-Count at $14.00, Matching the 70-Count Carton
Idaho Russet Burbank 40-count meets the 70-count at $14.00 per 50 lb carton, no size premium. California and Michigan movement running well above seasonal norms while Wisconsin volume drops sharply.
Wisconsin Norkotah 70-Count Mostly $15.00-17.00, Basin at $13.00
Wisconsin Norkotah 70-count at mostly $15.00-17.00 per 50 lb carton against $13.00 in the Columbia Basin and $12.00-13.00 at the San Luis Valley, per July 16 USDA reports. Michigan movement runs 74,769 cwt, up 165% on the week.
Russet Norkotah 70-Count FOBs Range $9 to $17 by Origin
Russet Norkotah 70-count cartons from mostly $9.00-10.00 out of the San Luis Valley to mostly $15.00-17.00 out of Wisconsin per USDA shipping point, California shipments 196% above the 5-year median, over 150 series stale.
SLV Russet 70-Count at $9.00-10.00, Running $1.00-2.50 Under Idaho
San Luis Valley russet Norkotah 70-count cartons FOB at mostly $9.00-10.00 versus Idaho's mostly $11.00-11.50, with SLV movement 219% above its five-year median per USDA shipping point and movement reports.
SLV Norkotah 70-Count at $8.00, $2.00 Below Idaho
SLV russet Norkotah 70-count at mostly $8.00-8.00, 50 lb carton, $2.00 below Idaho's mostly $10.00-10.00. Valley exports at 77,098 cwt (141% above 5yr median), California at 132,274 cwt (228% above median) are the supply backdrop.
San Luis Valley Russets at $8.00, $3.00 Below the Columbia Basin
A $3.00 spread separates San Luis Valley russet Norkotah 70-count at $8.00-8.00 from the Columbia Basin at $11.00-11.00 on identical 50 lb cartons, with SLV movement 274% above the 5-year median per USDA reports.
$8.00 Norkotah 70-Count on the Storage Belt, $2.00 Below Wisconsin
Idaho, Columbia Basin and San Luis Valley all at mostly $8.00-8.00 on the Norkotah 70-count, 50 lb carton. Wisconsin quotes the same pack at $10.00-10.00. California shipments 473% above the 5-yr median per movement data.
Wisconsin Norkotah 70-Count Runs $3.00 Per Carton Over Idaho
Wisconsin russet Norkotah 70-count at mostly $10.00-10.00, 50 lb carton is $3.00 above Idaho at mostly $7.00-7.00 on the same count. Wisconsin shipments ran 37,269 cwt, up 81% on the week and 214% above the 5-year median.