NewsBusinessWar in Ukraine Causes Seed Potato Sales Drop

War in Ukraine Causes Seed Potato Sales Drop

-

Dutch potato breeding company HZPC is expecting a drop in its seed potato sales this year due to the war in Ukraine, a May 5 news release says.

HZPC predicts the volume of seed potato sales to be just above 900,000 tons, which is the same as last year. This prediction has fallen by one per cent from the second quarter estimate — the drop in sales is largely caused by the war in Ukraine.

The release notes HZPC usually delivers seed potatoes to Ukraine and while this year orders were placed only a limited amount was been delivered with the majority being cancelled. While HZPC has stated its support of Ukraine most deliveries to Russia have continued.

“Potatoes are an important food crop. Seeds and seedlings are an irreplaceable start to all food productions. As such, they are a requirement for food security. This is essential for political and economic stability and the well-being of people all over the world,” the release says.

Gerard Backx, HZPC’s CEO, says in the release that due to the higher prices of other major agricultural products, it has been clear European growers are somewhat reluctant to plant potatoes this year.

“Since the outbreak of the war in Ukraine, sales of seed potatoes in Europe have been stagnant. Nearly no additional sales have been realized or the additional sales compensating for cancelled orders,” he explains. “In normal years we always realize a few percent of the European sales in the months of March and April. Those are missing this year.”

Related Articles

5 Companies that Stand with Ukraine

McCain Abandons Construction of Russian Production Facility

Rising Production Costs Make for Uncertain Potato Market

Trending This Week

Potato harvest 2017 copy

What Ignoring Your Stored Spuds Until the End of Harvest Could Cost You

Do you have bin management plan to support your potatoes from load-in through suberization? I can’t tell you how many times I’ve asked various producers...
Under the Hill Farms harvest

Manitoba Storage Potato Harvest in Full Swing

0
The Manitoba potato harvest for storage is in full swing with about a third of potatoes having been harvested, the Sept. 15 provincial potato report...
Daikon Radish

North American Potato Research Bulletin: PAA Meeting Highlights

0
A highlight reel of the latest potato research projects presented at the 2023 PAA annual meeting. Potato researchers across North America are working every day...
Potato harvest 2017 copy

Ontario Storage Potato Harvest Well Underway

0
The harvest of the storage potato crop is in full swing near Alliston, Ont., a Sept. 21 email update from Eugenia Banks said. "The area was...
Bayer CropScience Canada logo

New Bayer Fungicides Receive Canadian Registration

0
Emesto Complete fungicide and insecticide seed-piece treatment and Velum Rise fungicide/nematicide have received registration in Canada, a Sept. 19 news release from Bayer Crop Science...