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SPUDSMART.COM40SPUDSMART.COMMARKETNEWSCanadianpotatostocksareshowinganotabledecreasecomparedto2011levelsandtheUnitedStatesisalsoshortonsupplies.Ishippingcontinuesatthisratesupplieswillcontinuetoplummetprovidingabasisorpricestorise.MarketinormationcourtesyotheUPGCUPGAandindustrypartnersBayerCropScienceandBruceHuakermarketanalystandpublisheroNorthAmericanPotatoMarketNews.SUPPLYESTIMATESreleasedromtheUnitedPotatoGrowersoCanadaindicatethatcomparedtoayearagothereisa10percentdecreaseopotatoesinstorageacrossthecountry.EasternCanadaisshowingthesharpestdeclineinstockswithover15percentewerpotatoescomparedtothistimelastyear.AccordingtoBruceHuakerx19sNorthAmericanPotatoMarketNewsat49.5millionhundredweightcwtacrossthecountrystockshavenx19tbeenthislowsince2002.x1cTheimpactwillbethatwemaynothavequiteenoughpotatoestosupplythemarketaslateaswewouldlikegiventhattheshippingpaceisthesameasotheryearsx1dsaysKevinMacIsaacgeneralmanagerotheUPGC.x1cIwecanslowdowntheshippingratewecanextendsupplies.x1dMacIsaacsaysAlbertaistheonlyprovincewithasubstantialamountopotatoesavailable.x1cButwhenyougetintothemechanicsoitalotothemwereorward-contractedbyprocessingcompaniesandpickeduplastalleventhoughonpaperitindicatesthatwehavemoresupplytherex1dhesays.x1cThesupplysituationwilldex1nitelymovepricingupwards.Wex19reseeingonlyaslightmovementinpricesnow.Wex19renotcomplainingthatpricesarepoorx14pricesareabovethecostoproductionx14butcomparedtowhatwex19reanticipatingthesupplytobelaterontheyx19renotashighastheycouldbe.x1dFeb.12012CanadianPotatoStorageHoldingsbyProvinceProvince2010-20112011-2012DifferenceChangeP.E.I.1629414575-1719-10.55NB101836217-3966-38.95QC591661182023.41ON33252929-396-11.91EasternCanada3571829839-5879-16.40MB102679065-1202-11.71SK9771038616.23AB71959023182825.41B.C.182580398218.68WesternCanada186211970610855.80CanadaTotal5433949545-4794-8.82SourceInfoHortSUPPLIESSOUTHotheborderalsoindicateshortages.TheUnitedStatesDepartmentoAgriculturex19slatestdataindicatesadecreaseinFebruaryreshuseandchipstockpotatostocksalthoughNAPMNorecastsa3.9percentincreaseoverallromlastyearinitsFebruary2012potatostocksestimateanda10percentincreaseinprocessingstocksspecix1cally.x1cTheprocessorsaregrindingthroughalotopotatoesx1dsaysJerryWrightpresidentandCEOotheUnitedPotatoGrowersoAmerica.x1cTheyx19vegroundthroughwhateverincreasestheyhadinthewesternpartothecountry.Withthelossoproductionontheeasternsideothecountrytheyx19reoutinamajorwaytryingtobuypotatoesinthewesternstates.x1dAccordingtoWrightpricesshouldstarttoincreasesignix1cantlytowardtheendothecropyearcycle.x1cTherealityisthatnoonereallyknowswhenthatwillhappenbecausethepricingtodaydoesnotreallyrefectthetruesupplyanddemandsituationx1dhesays.x1cItx19sprettyhardtopredictbutiitx19struetoitshistoricalpatternssometimeinlateAprilorMaythemarketwillmovebutnoonereallyknowsbecausethemarketisnotbehavinginarationalway.x1dTHECANADIANacreageoutlookor2012accordingtoMacIsaacdependsontrend-lineyieldstheCanadiandollarandtheprox1tabilityothecrops.x1cGrowershavemorecropoptionsthisyearwhichdoesnx19thappeneveryyearx1dsaysMacIsaac.x1cTheUPGCisconsistentinitsmessagetoCanadiangrowersplantonlytheacresyouneedtomeetyourknownmarkets.Werealizetheyareentrepreneurstheyneedtocompeteanddowhattheycantosupplythemarketx14howeveropenorspeculativeacresarenotalwaysagoodinvestment.x1dx1cThemarketisnotbehavinginarationalway.x1dJerryWrightpresidentandCEOotheUnitedPotatoGrowersoAmericax1cGROWERSHAVEMORECROPOPTIONSTHISYEARWHICHDOESNx19THAPPENEVERYYEARx1dSAYSMACISAAC.49.5