Inside Potatoes

Situation in the current physical market is unique

22 August 2018

The current situation in the physical market can certainly be described as unique. In 'normal' years, the market price quickly deflects during the off-country period. This is because the supply increases. However, in the current situation, growers give offers.

Would you like to continue reading this article?

Become a subscriber and get instant access

Choose the subscription that suits you
Do you have a tip, suggestion or comment regarding this article? Let us know

The market price (ranging from €24 to €28 per kilo, depending on the variety and size) is such that growers are considering making an offer for short-term delivery.

Storage
When it was decided to trade freely potatoes shed (which happens in most cases anyway), then the payment price (delivered from the shed) must quickly exceed the level of €30. This compares to what can be paid today. After all, the costs for storage and storage must be paid, otherwise it would be better to deliver from land.

The high commitment of buyers (in terms of purchasing price) is significant for how people estimate the market for the coming period (i.e. for the rest of the season). The strategy today seems to be to capture as much as possible for (as mentioned earlier) high prices. Ultimately, the vast majority of potatoes will be stored and then the 'game' (with regard to price formation) will be played again. 

Call our customer service +0320 - 269 528

or mail to supportboerenbusiness. Nl

do you want to follow us?

Receive our free Newsletter

Current market information in your inbox every day

Login/Register