*Idaho Burbank GRI, 1.26.2010
*Idaho Norkotah GRI, 1.26.2010
Audio Recording of Market Report, 1.29.2010
“Sponsored by 1,4Sight® Dormancy Enhancer, safeguard your potatoes with 1,4Sight® and CIPC.”
The Federal State market news reported shipments of 800,000 for the week ending 1/16 and 698,000 for last week and reported the market as: DEMAND BALED MODERATE, OTHERS LIGHT. MARKET ABOUT STEADY.
The tone on the conference call this week indicated light demand on all sizes. 70 count carton Burbanks are at $10.00 and 10# Poly is at $6.00, both stable from last week. The FWA this week is at $8.06, down $0.14 from last week on Russet Burbanks, which translates into an approximate return of $2.15*, down $0.06 from last week on a Russet Burbank crop that splits 60% one’s 50% Size?
The Wisconsin GRI is at $5.20, the Columbia Basin GRI is at $4.25, and the Colorado GRI is at $4.61, all stable from last week and on average $2.53 above our Idaho GRI. For additional split scenarios please refer to the Grower return matrix on unitedpotato.com. If you have any questions and want additional details please give us a call. Remember it’s all about the GRI. Thank you for your support.
*Note: We have been reporting the GRI based off of the North American Potato Market News in the past. We are now reporting based off of the United GRI chart on the website. The main difference between them is the NAPN GRI does not take Freight and Scooping charges into consideration. The United GRI uses an average Freight and Scooping rate of $0.42 per cwt.
*Idaho Burbank GRI, 1.19.2010
*Idaho Norkotah GRI, 1.19.2010
Audio Recording of Market Report, 1.22.2010
“Sponsored by 1,4Sight® Dormancy Enhancer, safeguard your potatoes with 1,4Sight® and CIPC.”
The Federal State market news reported shipments of 805,000 for the week ending 1/9 and 800,000 for last week and reported the market as: DEMAND FAIRLY LIGHT. MARKET BURBANK CARTON 40-70S SLIGHTLY LOWER, OTHERS ABOUT STEADY.
The tone on the conference call this week indicated good demand on consumer packs with light demand on all other sizes with lower prices on 70-100 count cartons and US #2s. 70 count carton Burbanks are at $10.00, down $1.50 from last week and 10# Poly is at $6.00, down $0.50 from last week. The FWA this week is at $8.20, down $0.77 from last week on Russet Burbanks, which translates into an approximate return of $2.21*, down $0.42 from last week on a Russet Burbank crop that splits 60% one’s 50% Size?
The Wisconsin GRI is at $5.20, the Columbia Basin GRI is at $4.25, and the Colorado GRI is at $4.61 for an average return $2.47 above our Idaho GRI. For additional split scenarios please refer to the Grower return matrix on unitedpotato.com. If you have any questions and want additional details please give us a call. Remember it’s all about the GRI. Thank you for your support.
*Note: We have been reporting the GRI based off of the North American Potato Market News in the past. We are now reporting based off of the United GRI chart on the website. The main difference between them is the NAPN GRI does not take Freight and Scooping charges into consideration. The United GRI uses an average Freight and Scooping rate of $0.42 per cwt.
