US Potato Exports Set New Record for FY 2013 by Sarah Hoxie


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Fri. September 6th, 2013 - by Sarah Hoxie

<p>New records for total U.S. potato and frozen potato products have been set during the FY13 (July 1, 2012 – June 30, 2013) period.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"> Total U.S. potato and product exports for the FY13 period have increased 4% in value to $1,639,911,793 and rose 4% in volume to 1,561,896 metric tons, both record levels. U.S. frozen potato product exports have increased 6% by value to $1,048,728,731, the first time in history exports of frozen products have surpassed $1 billion, according to a press release.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"> Although U.S. exports of fresh potatoes to the world have increased 13% by volume to 456,366 metric tons, they were down 4% by value to $196 million, which may be due to the reduction in unit value of exports to Canada and Mexico, according to a press release.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"> On the other hand, U.S. exports of dehydrated potatoes were down 3% by volume to 114,408 metric tons, but stayed at around the same value of $192 million.<hr class="legacyRuler"><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"> Overall, the United States Potato Board anticipates U.S. potato and product exports to continue growing for the FY14 period between July 2013 and June 2014. However, despite the USPB’s confidence that opportunities for demand will be there, the size of future increases will be impacted by fluctuations in exchange rates, economic growth in the markets, and the relative supply and price of competitor products. The USPB will continue to demonstrate the high quality, excellent value, versatility, and wide range of U.S. potatoes and products to further develop the future growth of U.S. potato exports.</p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding"><p><a class="btn btn-sm btn-primary col-lg-12" style="white-space: normal;" href="http://www.uspotatoes.com" target="_new"> United States Potato Board </a></p><hr class="legacyRuler"><hr class="invisible minimal-padding"><hr class="invisible minimal-padding">