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Analysis Carrot

Is grower's enthusiasm about the carrot market rewarded?

26 January 2024 - Jurphaas Lugtenburg - 7 comments

Quality remains the theme on the carrot market. It is mainly rinsers who are concerned about the quality and, more importantly, storability of the carrot. Some growers have become almost overconfident and are increasing the asking price almost day by day. They are almost two parallel realities in which buyers and sellers live.

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You always encounter tampering later, and that also applies to carrots this season. Quality problems are commonplace. What seemed good cannot be kept and the washed kilos from a box are not always easy. No wonder buyers are very keen on quality. Good storable carrots are rarely offered. Growers expect the price to make progress towards spring. There are certainly arguments in favor of cutting wood, such as a smaller area, lower yields and unharvested plots.

Save on good parties
What makes the carrot market extra unpredictable this season are the small stocks of carrots that various processors have (out of necessity) kept. After the relatively high prices of last season, there was less interest in contracts among growers. This autumn was not suitable for purchasing additional land. There were too many doubts about the storability of the carrot and, given current knowledge, this was not entirely unjustified.

Flushers are also economical on good batches in the refrigerator, as there are not many of them. It's better to buy a little more than run out later, some flushers argue. If the demand for carrots picks up, the grower price can also increase quickly due to the tight working supplies. We have seen that in recent weeks. If demand drops somewhat, as is currently the case, there will immediately be little trade left. However, the DCA quotation does not budge and even continues to rise. This week B-carrot comes in at €37 to €43 and C-carrot at €38 to €43 per 100 kilos.

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