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Inside Carrot

Carrot price continues to fall due to lack of demand

8 October 2021 - Jeannet Pennings

The harvest of the storage carrot is slowly released. Everything points to good yields and excellent quality. And that while traders already have the greatest difficulty in finding a sales market for the current offer. It puts further pressure on the price.

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It remains eerily quiet on the carrot market. It is completely lacking in mood due to a lack of demand and more than sufficient supply. Week 40 also brings little change in the situation. "Something crazy has to happen to get the carrot market moving," says one trader.

By this he refers to weather conditions that affect the yield and quality of the carrot. But it doesn't look like that for now. In recent weeks, the required amount of water has fallen, so that the signals are green to harvest the carrot for storage. And everything points to a good harvest.

According to traders, it will be a challenge to find a home for the free carrot that has not been sold in advance on contract. Most of the trade that takes place now concerns carrots that go to processing and supermarkets. This concerns both European and overseas destinations.

Prices vary
The prices quoted here vary. Most traders sell their carrots (good, export quality) for amounts around €7 per 100 kilos. But traders also report that lots are sold for as little as €2 per 100 kilos. From the input, a DCA listing for B carrots can ultimately be drawn up for this week of €6 to €8 per 100 kilos, an average of €0,50 lower than last week. It is not possible to put together a quotation for C-peen this week.

View the latest quotes here.

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