The results of the Nedato pool have been announced. Yesterday evening (Wednesday 6 July), the prizes were first presented to 200 members present at the experimental farm in Westmaas, and today the figures were announced to the general public. How has the cooperative performed in a volatile market?
The prizes were presented last night at the experimental farm in Westmaas to 200 members present. The price in the pool without pre-sales for average quality potatoes for delivery in week 26 (end of June) is:
The Fontane and Challenger varieties together form the largest volume of potatoes for the processing industry. The price ranges from €16,25 for delivery in October to €21,14 for delivery at the end of June.
In the commentary accompanying the figures, Nedato writes that the 2021/2022 season had a long start-up period. Only in March was an average quote of €20 achieved. From the end of April to the end of May this rose to €25 per 100 kilos. Demand then dropped, and with it the price, reaching a level of €12 last week. Moreover, the cooperative notes that there is a significant gap between the basic varieties and the fast food varieties. The export possibilities offered Agria and Innovator a plus compared to the fast food varieties.
Daily price and click contract beat the pool
In addition to the pool, Nedato offers members four other pricing systems, namely fixed prices, daily prices, click contracts and a top and bottom pool. In terms of average payment price to growers, delivery at daily price scored the highest with an average price of €20, closely followed by the click contracts where an average price of €19,85 per 100 kilos was achieved for all varieties and qualities. The average pool price across all varieties and delivery periods is €19. The top and bottom pool for early season delivery achieved an average price of €17,10. The fixed price contracts remained stuck at €15,72 per 100 kilos.