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.
Larger grain stocks increase supply pressure, but strong fall disappearance — especially for corn and sorghum — suggests demand remains an important offset.
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Lewis Williamson with HTS Commodities joined us to provide analysis on the January WASDE report and expectations for grain markets going forward.
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Structural efficiency supports cattle prices and resilience — breaking it risks higher costs and greater volatility.
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Strong pork demand and improving beef exports outside China support protein markets despite ongoing trade barriers.
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Market reaction was bearish for corn and soybeans, with analysts noting that abundant supplies amid tepid demand could keep price pressure on agricultural commodities.
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Logistics capacity remains available, but winter volatility favors flexible delivery and marketing plans. NGFA President Mike Seyfert provides insight into grain transportation trends, trade policy, and priorities for the year ahead.
January 12, 2026 02:52 PM
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Rising adoption of GLP-1 drugs may gradually reshape food demand, with potential downstream effects on protein markets and consumer purchasing patterns.
January 12, 2026 02:38 PM
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