Shutterstock

Analysis Carrot

Carrot trade remains in a difficult phase

25 February 2022 - Jurphaas Lugtenburg - 3 comments

There is little movement in the carrot trade. The normal work for regular customers continues, but that's about it. That's annoying, but not unusual for this period, according to insiders.

Would you like to continue reading this article?

Become a subscriber and get instant access

Choose the subscription that suits you
Do you have a tip, suggestion or comment regarding this article? Let us know

What puts pressure on the mood even more is the supply of mediocre parties. Growers would like to say goodbye to this, but in a market with already little demand and full cold stores it is difficult to find a buyer for crates of carrots that are 'on the edge'. This creates a bit of the feeling of having to peddle with the carrot. Although that says nothing about the good carrot, it does affect the mood somewhat negatively.

There are still opportunities
The season is not over yet and there are still opportunities to come, according to traders. A lot of carrots were harvested in the past year, but quite a lot of carrots are disappearing, which are in decline. According to insiders, that may give some air later in the season. "It is more common that we now have little to do," according to a Spoeler. "I am more concerned about how the market is around Easter. If demand has picked up then, it may well be better than expected in the last phase of the season."

An additional uncertain factor for the further course is the conflict in Ukraine. At the moment, the carrot trade is hardly affected by this, traders report. The major markets in Eastern Europe have not suddenly canceled orders or anything like that. But there is a certain amount of turmoil over the market, for example the conflict is limited to Ukraine, what are the exchange rates (especially the zloty) doing and are my partners/customers sufficiently solid to take a knock?

The DCA quotations for carrots remain unchanged. B-peen stands at €6 to €12 per 100 kilos. The bottom of the quote is on the edge of the class I and €12 is only paid for very nice games. Most trade is around €10 per 100 kilos. The DCA Quotation for C-Peen is €6 to €10 per 100 kilos.

Call our customer service +0320(269)528

or mail to support@boerenbusiness.nl

do you want to follow us?

Receive our free Newsletter

Current market information in your inbox every day

Sign up