The carrot market will also remain largely stable this week. It is certainly not the case that nothing has happened, but there is no great demand for the time being. There is, however, slightly more demand from the retail sector. The quality of the carrot remains a concern.
There is a little more demand for carrots from supermarkets/retail this week. With Easter approaching, they want to have enough carrots on the shelves. This creates a bit more work for various companies. There are no major crowds that are common around this time in other years. This is partly due to the extension of the lockdown in large parts of Europe. The market more or less expected that the terraces would open again. The catering industry remains an important sales market, also because of the waste that takes place there.
Carrot of mediocre quality
The carrot price is falling and that makes traders and growers cautious about buying more carrots. They seem to assume that the price will drop even further. In addition, it is difficult to make a margin for the rinsers in the current market. Buyers do not pay the prices that are actually necessary and growers are not very keen on buying good carrots. A fair amount of mediocre-quality carrot is also being processed at the moment. The gross tonnes come in, but very little remains net.
Current account replenished
Some traders notice that farmers are more interested in selling. This partly concerns parties where there are doubts as to whether the quality will decline. But liquidity on arable farms also seems to play a role. The bills for seed potatoes, fertilizer and crop protection products are coming in. By now selling the carrot at reasonably good prices, the current account will be replenished.
The price of carrots is under pressure. The top of the quotation for B-carrot takes a step back this week by €1 and amounts to €26 per 100 kilos. The bottom of the quote remains the same. The average DCA quotation therefore drops by €0,50 to €25 per 100 kilos. C-carrot remains the same this week at €22 per 100 kilos.