DECEMBER HOLDINGS REPORT / BULLETIN DE L’INVENTAIRE POUR DÉCEMBRE
Wednesday, December 20, 2023
Reference: United Potato Growers of Canada
Total Canadian Potato Storage Holdings on December 1, 2023 are up 7.4% compared to 2022 and are well above the three average. Demand was reported by most as good but not outstanding in October prior to Canadian Thanksgiving and slower in November post-holiday. Exports to the US have declined for many regions compared to last year mostly due to the oversupply and lower pricing on russets out of the Pacific Northwest. We can also see the impact on storage levels of increased planted acres and a very good harvest in the processing crops in Manitoba and Alberta and the fresh crop in BC; contrasted with a very wet and difficult growing season in Eastern Canada reflected in their stock levels down from 2022.
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