Futures market stronger than physical market

The turnovers are small. This is a result of the limited interest in trading. In that respect, the futures market runs parallel to the physical market. In the physical market it remains a bland affair.

The story is identical to that of the previous weeks; no demand from industry and therefore no trade. It just shows how dependent the market is on the processing industry.

Storage issues
Parties with storage problems continue to determine the offer. The processors have to adjust the logistics flow due to the accelerated supply. The general impression is, however, that the supply lands and that temporary storage is clearing hard.

The positions are shifted a lot, with a lot of volume being transferred to alternative destinations (starch, feed and flakes). It will take some time, but eventually the market will get some air and, in terms of volume, regular sales from storage can be started. In any case, that won't happen again before the turn of the year.

Pricing
Struggling with pricing remains a hot item. Growers who do not have a regular customer would like to do business for the PotatoNL listing, but they are unable to do so. The committee that composes the Belgapom listing is clear about this. No question is no trade (transaction), which means no quote.