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POTATOES

Released September 23, 2005

Seasonal

No. 987-6-05

2004 NEW YORK POTATO VALUE DOWN


The results of the 2004 potato disposition and utilization survey show the value of New York's 2004 potato crop to be $42.8 million, 32 percent below the 2003 value, according to USDA’s National Agricultural Statistics Service, New York office.  

Production was down 20 percent from 2003 and is a record low production. Sales decreased 29 percent but the average price per hundredweight (cwt.) was $8.25, or $.90 less than the 2003 price of $9.65.

FALL POTATOES:  Production, farm disposition, season average price, and value,

New York and United States, 2003-2004

 

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

   2003

   N.Y.

    6,510

     440

   100

     520

     5,890

9.65

     62,822

     52,839

   U.S.

410,588

23,387

5,254

33,579

 371,755

5.23

2,149,570

1,943,986

                 

   2004

               

   N.Y.

    5,184

     451

  100

    513

    4,571

8.25

    42,768

    37,711

   U.S.

410,253

21,639

4,549

35,923

369,781

5.08

2,090,058

1,877,912

 

  2004 U.S. ALL POTATO PRODUCTION DOWN FRACTIONALLY


Total 2004 potato production is estimated at 456 million cwt., down fractionally from the estimate made in  the  January  Annual  Crop  Summary  and  less than 1 percent below the 2003 crop.  Harvested area, at  1.17  million  acres,  decreased  7  percent  from  a year  ago.  The  average  yield  of  391  cwt.  per  acre is  up  24  cwt.  from  2003  and  29 cwt.  above  the average yield from the 2002 crop.  This is a record high  yield,  10 cwt.  above  the  previous  record  set  in 2000.

Value of all potatoes sold in 2004 is estimated at $2.34 billion, down 5 percent from the previous year.  The average price, at $5.67 per cwt., is down $0.22 from a year earlier. 

Sales from the 2004 potato crop totaled 414 million cwt., down 1 percent from 2003.  Sales account for 91 percent of 2004 production. Non-sales account for 42.2 million cwt., 3 percent above 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 259 million cwt. of raw potatoes from the 2004 crop, up 1 percent from a year earlier.  Table stock sales totaled 130 million cwt., 2 percent below the previous year.  Seed sales of 22.9 million cwt. are down 7 percent from 2003.  Sales for livestock feed, at 1.94 million cwt., are down 3 percent from a year earlier.

ALL POTATOES:  Utilization of Crops, United States, 2001-2004

Utilization Items

2001

2002

2003

2004

 

 1,000 cwt.

   Sales

       

      Table Stock

122,552

131,889

133,143

130,418

         

      Processing

54,080

51,640

52,790

50,068

            Chips and Shoestrings

40,759

51,357

48,418

48,527

            Dehydration 1/

126,711

124,875

126,515

131,592

            Frozen French Fries

23,598

28,951

23,870

23,003

            Other Frozen Products

2,590

2,744

3,086

2,843

            Canned Products

       

            Other Canned Products

1,722

2,089

1,168

998

               (Hash, Stews, Soups)

            Starch, Flour, and Other

1,015

1,050

1,379

1,531

            Total

250,475

262,706

257,226

258,562

         

      Other Sales

       

            Livestock Feed

3,496

3,044

2,005

1,942

            Seed

24,537

24,005

24,603

22,915

         

            Total

28,033

27,049

26,608

24,857

         

      Total Sales

401,060

421,644

416,977

413,837

         

   Non-Sales

       

      Seed Used on Farms Where Grown

4,088

4,144

4,000

3,614

      Household Use and Used for Feed

            on Farms Where Grown

1,298

1,478

1,543

1,182

         

      Shrinkage and Loss 2/

31,227

30,905

35,294

37,408

         

      Total Non-Sales

36,613

36,527

40,837

42,204

         

   TOTAL PRODUCTION

437,673

458,171

457,814

456,041

         

1/ Dehydrated products except starch and flour.
2
/ Includes potatoes disposed of by the United Fresh Potato Growers of Idaho for 2004.  

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