Fighting in the streets for food? Not yet

But you will be paying more.

“America Braces for Possible French Fry Shortage After Poor Potato Harvest,” reads the headline.

Cool weather and frosts started hitting key potato-growing regions in the U.S. and Canada in October, leading to potato shortages in Alberta, Manitoba, Idaho, North Dakota and Minnesota.

Alberta and Idaho were able to dig up some damaged crops for storage. But growers in Manitoba, North Dakota and Minnesota received snow and rain, forcing them to abandon some supplies in fields.

It’s likely that potato prices could climb this year across North America, said Stephen Nicholson, a senior grains and oilseeds analyst at Rabobank.

The United Potato Growers of Canada estimates about 12,000 Manitoba acres (about 4,900 hectares), or 18% of the province’s planted area, were left unharvested.Manitoba is Canada’s second-largest grower, followed by Alberta. Prince Edward Island is No. 1.

About 6.5% of Alberta’s potatoes are estimated to be frost damaged.

In Idaho, the top producer, output is forecast to fall 5.5%.

https://finance.yahoo.com/news/french-fry-squeeze-hits-north-120000666.html

Thanks to John Reno for this link

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December 3, 2019 at 06:15AM

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