The carrot price will again take a hit this week. The supply is slowly loosening, but the demand remains relatively calm. The varying quality also leaves some traces in the market.
It has been quiet on the market for weeks and that picture has hardly changed this week. In addition, the harvest also proceeds in fits and starts. Dry days are immediately followed by rain. Some companies report that they have received less than half (of what is normal for this time of year). "If it continues like this, we will still be harvesting at the beginning of December," it reads.
More problem parties
If the temperature remains relatively high, this will not immediately lead to serious problems. Although these humid conditions do ensure a very variable quality. More and more parties are now entering the market that have something wrong with them, and those parties are pushing the price down.
In addition, demand is still limited. Because relatively little carrots were offered in the past period, little market has been created. What if the offer is released in 1 go? Any concerns about that seem justified. As mentioned earlier, the cold stores are full and most European countries are self-sufficient. Poland does ask for carrots, but for very low prices. Most carrots still go to overseas export destinations.
Money off
Increasing quality problems, supply and limited demand are pushing the carrot price down. The DCA quotation is therefore €0,01 lower this week for B carrot and C carrot. An average of €8,50 per 100 kilos is paid for B carrots (range is €7 to €10). The price for C-Peen drops to €9,50 per 100 kilos (range is €8 to €10,50).