February 18, 2013

Potato stocks up, value down

< 1 minute read

The USDA’s National Agricultural Statistics Service reports that the 13 major potato states held 214 million cwt of potatoes in storage on Feb. 1, up 14 percent from a year ago.

The 2012 potato crop is valued at $3.91 billion, down 3 percent from the 2011 value of $4.04 billion. According to NASS, the 2012 price is $8.39 cwt compared to the 2011 price of $9.41 cwt.

The total value of 2012 U.S. crop production is estimated at $226 billion, up 6 percent from the 2011 total of $212 billion.