“All apologies to Forrest Gump’s momma, but if life were like a bag of Idaho potatoes, we would always know what we were going to get,” writes Matt DeBoer, senior vice president of Agtools Inc. in an article published by Blue Book Services.
DeBoer writes in his article that while the Idaho state slogan may be “Let it be Perpetual”, an argument could be made for a change to “Let it be Potatoes”. In the world of potatoes, there is Idaho, Idaho, Idaho, and then everyone else… 2020 is proving no different as the volume Idaho has produced topped 2 billion pounds year-to-date, DeBoer writes.
Blue Book has teamed with Agtools Inc., the data analytic service for the produce industry, to look at a handful of crops and how they’re adjusting in the market during the pandemic.
Even down a little compared to 2019, Idaho potato volume makes up over 37 percent of the total volume in the US.
Looking at the last three years, overall volume is up 3 percent vs. 2019 and in pace with 2018. Volume took off around the time of the pandemic and remained strong, helping the overall volume numbers. Looking further into the impact of the pandemic, we see another interesting trend in the increasing amount of product going to the chipper.
With Idaho making up a third of the category, we dug into 52-week shipping F.O.B. numbers by size to show the highs and lows over the last year. In a matter of a month, we saw the market swing $14 from March to April on 50’s, 60’s and 70’s:
The author of this article is Matt DeBoer, a senior vice president of Agtools Inc. He has more than 20 years of experience in the fresh produce industry. Read the full article on the Blue Book Services website here.
Cover photo: Kappa Kappa at the University of Idaho | Courtesy Pinterest
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August 25, 2020 at 10:50AM
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Idaho potatoes’ dominance in charts - Potato News Today
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