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Analysis Carrot

Tension in the carrot market is ramping up

4 November 2022 - Jurphaas Lugtenburg

Growers, rinsers and traders in carrots have completely different perceptions of the same market. Washers see a relatively small demand, while growers are mainly captivated by lower yields. This creates a field of tension in the market.

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The Eastern Bloc only has a limited market for Dutch carrots. Countries such as Poland and the Czech Republic have plenty of their own carrots. "If you want something to go to those countries, we have to drop the price considerably," says a trader. On the other hand, the regular work continues as normal. Belgian buyers are even quite actively looking for Dutch carrots. This puts the flushers, who rely mainly on exports, in a difficult position. Do you continue to use carrots that are on the expensive side (or way too expensive) or do you take it a bit easier?

Expensive cooling
Growers radiate confidence in the market. The costs for cooling have risen sharply compared to a few years ago, which has led to increased interest in field deliveries. However, not everyone can deliver the carrot at the same time. Last season, when it didn't pay to save, is still fresh in my memory. The realization that this season is completely different is also becoming increasingly clear. The yields are on average not bad, but it is certainly not a real yield winner. That seems to be the case throughout Europe. This means that growers do not say yes to every offer and that they see driving the carrot into the refrigerator as a serious option.

The DCA quotation for b-carrot has increased by €1,50 compared to last week and averages €18 per 100 kilos. Both the bottom and top of the listing have taken a step. The top is €20 and the bottom is €16 per 100 kilos. There is sufficient B-carrot, but growers easily say no. The c-peen has also taken a step and amounts to €21,50 per 100 kilos. The supply of carrots is limited and that is the main cause of the price increase.

You can find an overview of the pedigree quotes of DCA Markets here.

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