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Way Too Many Potatoes, Farmers Find Ways to Dump Their Crops

Due to the COVID-19 pandemic, there are an over abundance of potatoes in Canada and worldwide.  According to the United Potato Growers of Canada, approximately 200 million pounds of potatoes are in limbo.
 
Processors in our province are full as many restaurants that would typically purchase french fries are closed or are purchasing substantially lower amounts.  Some farmers in Idaho have such extreme surpluses of potatoes, they're dumping crops and dairy farms have started feeding potatoes to their cattle. Despite a growing demand in grocery stores, potato prices have plummeted in the last few weeks due to social distancing and a lack of demand in restaurants and the food industry. Only a few weeks prior, the industry was looking at the best prices in recent memory with even a projection of a summer shortage of spuds.
 
There has been an initiative in Canada and around the world to help potato farmers, eat more french fries.  French fries account for approximately 65% of the total potato crop in Canada.  So, to help our Alberta potato farmers, maybe have french fries as a side more often.  
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Farmers: Stop Letting Risk Steal Your Profit — These New Insurance Tools Change the Game

Video: Farmers: Stop Letting Risk Steal Your Profit — These New Insurance Tools Change the Game


Volatile markets. Unpredictable weather. Tight margins. Farming has never carried more risk—but now, you have smarter ways to protect your operation.
In this interview, Chris Corbett, Sales Manager at AGi3, breaks down a new generation of insurance solutions built specifically for today’s farm businesses: ForwardProtect — Protect your grain operation from the double hit of yield shortfalls and rising prices when forward contracts can’t be filled.
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These aren’t traditional policies—they’re strategic tools designed to protect your margins, stabilize cash flow, and give you confidence in uncertain markets.
If you’re serious about managing risk and protecting your bottom line, this is a must-watch.