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POTATOES

Released September 19, 2003

Seasonal

No. 987-6-03

2002 NEW YORK POTATO VALUE UP

The results of the 2002 potato disposition and utilization survey show the value of New York's 2002 potato crop to be $64.9 million, 10 percent above the 2001 value, according to the New York Agricultural Statistics Service. Production was down 7 percent from 2001 and is a record low production. Sales decreased 5 percent but the average price per hundredweight (cwt.) was $11.80, or $1.90 more than the 2001 price of $9.90.

POTATOES : Production, farm disposition, season average price, and value,
New York and United States, 2001-2002

 

Production

Used for Seed

Farm Disposition
Used on Farm

Sold

Price per cwt.

Value of

Seed, feed, household
use

Shrinkage and loss

Production

Sales

     

1,000 cwt.

   

Dollars

1,000 dollars

2001

N.Y.

5,942

495

100

502

5,340

9.90

58,826

52,866

U.S.

437,888

28,639

5,387

31,208

401,293

6.99

3,057,573

2,084,830

2002

         

N.Y.

5,500

488

100

350

5,050

11.80

64,900

59,590

U.S.

459,802

28,299

5,631

30,955

423,216

6.69

3,066,081

2,831,698


2002 U.S. POTATO PRODUCTION INCREASES 5 PERCENT


Value of all potato production in 2002 is estimated at $3.07 billion, up less than 1 percent from the previous year. The average price, at $6.69 per cwt., went down $0.30 from a year earlier.

Sales from the 2002 potato crop totaled 423 million cwt., up 5 percent from 2001. Sales accounted for 92 percent of 2002 production. Non sales accounted for 36.6 million cwt., virtually unchanged from the previous year. Over the past five years, 91 percent of the potatoes grown have been sold. The other 9 percent were either lost (shrinkage and loss) or used on farms where grown (seed, home use, and livestock feed).

Processors used 263 million cwt. of raw potatoes from the 2002 crop, up 5 percent from a year earlier. Table stock sales totaled 133 million cwt., 9 percent above the previous year. Seed sales of 24.1 million cwt. are down 1 percent. Sales for livestock feed, at 3.10 million cwt., are down 11 percent from a year earlier.

Utilization Items

1999

2000

2001 1/

2002

 

1,000 cwt.

Sales

Table Stock

134,130

139,146

122,843

133,298

Processing

Chips and Shoestrings

52,916

52,371

54,080

51,640

Dehydration

50,831

54,880

40,745

51,334

Frozen French Fries

140,196

146,869

126,711

124,875

Other Frozen Products

23,593

26,723

23,598

28,951

Canned Products

3,311

2,368

2,590

2,744

Other Canned Products

2,394

2,709

1,722

2,085

(Hash, Stews, Soups)

Starch, Flour, and Other

1,310

1,966

1,015

1,050

Total

274,551

287,886

250,461

262,679

Other Sales

       

Livestock Feed 2/

3,141

10,096

3,496

3,104

Seed

25,294

23,353

24,493

24,135

Diversion (Other than Feed)

 

4,164

   

Total

28,435

37,613

27,989

27,239

Total Sales

437,116

464,645

401,293

423,216

Non-Sales

Seed Used on Farms Where Grown

4,415

3,792

4,146

4,164

Household Use and Used for Feed

1,154

1,496

1,241

1,467

on Farms Where Grown

Shrinkage and Loss

35,531

43,688

31,208

30,955

Total Non-Sales

41,100

48,976

36,595

36,586

TOTAL PRODUCTION

478,216

513,621

437,888

459,802

1/ Revised.
2/ Includes 6,872 thousand cwt. sold for livestock feed under Government  Diversion Program for 2000.


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