U.S. Potato Production Dropped 4% in 2024

The total value of the U.S. potato crop was $4.60 billion in 2024, representing an 8% decrease from the previous year.

potatoes_adobe stock.png

Adobe Stock

WASHINGTON (RFD-TV) — U.S. potato production in 2024 totaled 421 million hundredweight, a 4 percent decrease from the previous year, according to the latest Potatoes Annual Summary from the U.S. Department of Agriculture (USDA).

Harvested area dropped to 927,000 acres, also down 4 percent, while yields slipped to 454 hundredweight per acre, a decrease of four from 2023.

The crop’s total value in 2024 was $4.60 billion, representing an 8 percent decrease from the previous year.

Average prices fell to $11.70 per hundredweight, a decrease of $0.60 from 2023. Growers sold 390 million hundredweight, representing 93 percent of production. Sales included 269 million hundredweight to processors, 99.3 million as table stock, and 20.3 million as seed. Feed use declined sharply to 1.35 million hundredweight, a 14 percent decrease.

Shrinkage and loss declined to 26.2 million hundredweight, while growers kept 4.64 million hundredweight for on-farm use, a 20 percent drop.

Processing use reached 274 million hundredweight, a five-percent decrease from 2023, with the most significant declines in frozen products (down seven percent) and chips (down three percent). Dehydrated products held steady, while canning and other specialty uses rose.

Related Stories
Butter has softened as milkfat supplies remain ample.
Drought and Planting Shape Weekly Crop Condition Recap
Jake Charleston with Specialty Risk Insurance says recent futures market moves are leaving cattle producers unsure about price trends.
Drought remains a major risk, with the ERS reporting that 98 percent of the U.S. cotton production area was affected by drought in early May.

Tony St. James joined the RFD-TV talent team in August 2024, bringing a wealth of experience and a fresh perspective to RFD-TV and Rural Radio Channel 147 Sirius XM. In addition to his role as Market Specialist (collaborating with Scott “The Cow Guy” Shellady to provide radio and TV audiences with the latest updates on ag commodity markets), he hosts “Rural America Live” and serves as talent for trade shows.

LATEST STORIES BY THIS AUTHOR:

Farmland outlook is tracking closely with producer confidence, investment appetite, and financial expectations.
StoneX’s Josh Linville discusses USDA’s efforts to boost domestic fertilizer production and his outlook on supply and prices.
Landowners interested in protecting working ground through an easement now have another funding window open until the end of May.
Domestic demand policy may play a larger role if export competition continues to limit price recovery.
Beef is leading the decline as slaughter drops and supplies tighten.
Ethanol demand held together last week, but lower production and thinner stocks put more focus on export strength. Production capacity is also strengthening over time and benefiting soybean farmers.
Agriculture Shows
Hosted by Scott “The Cow Guy” Shellady and RFD News Markets Specialist Tony St. James, Commodity Talk delivers expert insight into the day’s ag commodity markets just before the CME opens. Only on RFD-TV and Rural Radio SiriusXM Channel 147.
A look at the news, weather and commodities headlines that drove agriculture markets in the past week.
Everything profits from prairie. Soil, air, water — and all kinds of life! Learn how you can improve your land with prairie restoration, cover crops and prairie strips, while growing your bottom line.
From soil to harvest. Top Crop is an all-new series about four of the best farmers in the world—Dan Luepkes, of Oregan, Illinois; Cory Atley, of Cedarville, Ohio; Shelby Fite, of Jackson Center, Ohio; Russell Hedrick, of Hickory, North Carolina—reveals what it takes for them to make a profitable crop. It all starts with good soil, patience, and a strong planter setup.