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Analysis BB Organic

Little trade in a stiff organic market

3 March 2022 - Jurphaas Lugtenburg

The trade in organic potatoes, onions and carrots is not going well at the moment. There is not much free trade and in general the quality of the products often leaves something to be desired. That does not help the mood in the market at all.

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Many growers and buyers make agreements in advance or during the growing season about the sale of organic products. Truly free trade is only a limited part of the market. The season is slowly coming to an end, but it is still too early to make a good estimate of where the gaps will be between old and (foreign) new harvest. If the market is still in a quiet phase due to limited demand, as is now the case, there is no need to go to the farm to buy free product, according to some insiders.

The market for organic potatoes is quiet. Several traders report that there is simply not much trade in free potatoes. Some of the sorters have sufficient stock and have limited access to the market to purchase additional potatoes at the moment. Egypt and Israel are already on the market with new harvests at relatively competitive prices (approximately €90 per 100 kilos) and several insiders expect that Spain will not have to wait long either. Prices on the Dutch market are therefore under some pressure. The lower end of the DCA Indicative Price remains the same as last week at €60 per 100 kilos, but the upper end has fallen €1 to €64 per 100 kilos. There is no difference in price between floury and waxy potatoes.

Moderate mood
The demand for organic onions is increasing slightly, but nice onions are difficult to find. Several traders now choose to tackle the inferior parties before the further decline and leave the good ones for a while. The mood on the market is not very good because of the supply of many mediocre onions. The DCA Indicative Price remains the same as last week at €50 to €55 per 100 kilos for both the coarse and fine grading.

The carrot trade has been difficult all season and that shows no signs of changing. Where it used to be mainly the large yield that dampened the mood, it is now mainly the quality that certainly does not do the mood any good. Quality is declining rapidly at various parties and this creates a compelling supply because many rinsers run relatively much on inferior carrots and exports are not really going well, so there is little demand for good carrots. market. The DCA Indication Price (for good carrots) remains the same as last week at €20 to €24 per 100 kilos.

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