Analysis BB Organic
Optimism prevails in organic markets
There is little trade in organic potatoes and onions. Waiting for prices to rise further seems to be the motto among farmers. The carrot market deviates from this. There is a lot of supply here due to good yields. Growers want to sell, but it is not always easy to find a buyer.
In years with good yields, emergency cells are sometimes set up to temporarily store potatoes or onions until just after the landing period. This ensures that around this time there is some supply that the farmer would like to get rid of. That is not the case at all this year. Many growers have a price in mind that they do not want to drop below. They'll come someday, that's the mood.
According to traders, there is a danger in this. The current prices are at a relatively high level for a reason. There is not much of a good quality product. It is therefore justified that the mood among farmers is good. But there is often a difference between what the grower thinks he has and how the trade assesses a sample from such a batch. Traders recommend looking critically at what's in the shed. This prevents nasty surprises later in the season.
Interest in potatoes is picking up
There is not much trade in organic potatoes at the moment. Some insiders report that buyers from Germany are starting to inquire about batches for delivery in November and December. Interest from peeling also seems to be picking up somewhat. This is just not reflected in the price. The DCA Indication price for waxy and floury table potatoes remains the same as last week at €52 to €62 per 100 kilos.
Waiting for the onion market
On the organic onion market there is a considerable gap between what the grower asks for the onions and what the trade is willing to give. The farmer is around $50 while the trade doesn't want to give much more than $40. Processors can still largely advance with the stock and foreign buyers rely largely on onions from their own country. As a result, there is no need to buy on a large scale now. The DCA Indication price for large onions remains the same as the previous one at €38 to €42 per 100 kilos. The fine sorting increases by €1 to €37 to €40 per 100 kilos.
Tough trade in carrots
The carrot trade continues to be difficult. Yields and quality are good and not just in the Netherlands. This results in a lot of supply that remains above the market and buyers have a choice. That is not exactly favorable for the price. The DCA Indication Price remains at €15 to €16 per 100 kilos.
Jurphaas Lugtenburg
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