Potato Starch manufacturer Avebe is expecting a substantial lower crop

AVEBE recognizes this year’s Western European weather conditions of a cold spring, hot and dry early summer and wet late summer, being unfavorable for starch crops to grow, inevitably leading to lower yields.

The general indications of the current harvest, which has started recently, shows that the European potato starch crop will be 15 - 20 % lower than average crops.

Global supply of wheat and corn are in a similar situation due to abnormal weather conditions. The market prices are high and very volatile. Tapioca supply is very low due to mealy bug infestation in Thailand.

Due to these circumstances starch prices are rapidly rising worldwide.