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Analysis Carrot

Eastern European demand bright spot on carrot market

24 December 2021 - Jurphaas Lugtenburg

Huge crowds in the days before Christmas, the carrot market is not forthcoming. Some flushers report having had some extra work at the end of last week and in the first days of this week. That is at least a bright spot for the mood in the short term.

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It is more common for the demand for carrots to pick up slightly at this time of year. Traders from Eastern Europe want to avoid having to sell 'no' around the holidays at all costs and therefore keep a larger stock. Dutch carrots are an attractive option for this extra supply. At current prices, Eastern European traders can't afford to lose, is the prevailing thought. Whether this extra demand will continue into the new year remains to be seen, although the moderate prices clearly work in our favor.

Frost desired
The weather reports predicted cold weather in large parts of Europe. That has partly come true. However, the frost was not of such a nature that the carrots still on the land were frozen to pieces. The supply of carrots from the field continues to hinder the trade, several traders report. Typically, rinsers have been running on carrots from the refrigerator for a few weeks now. The already ample stock is not shrinking sufficiently and remains hanging above the market.

The DCA quotation for B-carrot remains unchanged at €5 per 100 kilos compared to last week. The bottom of the quote is €4 and the top is €6 per 100 kilos. The DCA Indicative Price for C-carrot is €4,50 per 100 kilos, with a price range of €4 to €5 per 100 kilos.

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