The supply of carrots has grown considerably and there is a lot on offer at the moment. Mainly due to the higher storage costs, more carrots seem to be offered off-shore. That depresses the price of B-peen. C-peen is and remains scarce at the moment.
Now that the harvesting season is progressing, it is clear that yields will be lower this season. "They will certainly not be top performers this year, which can clearly be seen in the first plots that are being harvested for storage," says an insider. The position is good and the size is just disappointing.
Market is flooded
The coils are currently running at a slow pace. They have little work. Off land it is currently very busy and a lot of carrots are offered off land. There is also an extra supply from farmers who prefer not to store the carrot, who do not have the space for it or who do not want to pay the sky-high storage costs. They do not want to run the risk that the quality in storage will be disappointing while the selling price is still low. The extra supply drives the price of B carrot down. Last week, €20 to €21 per 100 kilos was paid for B carrot. That has now dropped further. The DCA listing for B carrot this results in an average of €18 per 100 kilos. Due to the extensive harvesting in the coming week, even more supply is expected, which may put further pressure on the price of B carrot.
As the price for B carrots falls, the difference between B and C carrots continues to increase. There is less C-peen and it seems to remain that way. Therefore, the DCA listing for C carrot equal to an average of €25,50 per 100 kilos.