Smoke screen is raised at the carrot market

Conflicting interests and interests are always a factor for price formation on a market. The differences in the carrot market are now very wide. Some scavengers who have to make it from the bulk to the Eastern Bloc (and who have little position) occasionally try to force something on price. The problem is that growers do offer offers at fairly competitive prices, but these are also the parties that are at the bottom in terms of quality. With new carrots (mainly from Egypt) on the market, the price difference must be sufficient to remain of the interest of Eastern European buyers.

Creative calculations
Growers with good carrots in the refrigerator are much more likely to stick to their guns. This generally suits flushers with a lot of retail sales. Not infrequently, those processors have also committed quite a bit of carrot in advance and if they were to follow the negative trend, their own stock would also become less valuable. By regularly buying something extra for €40 and more - which is often just possible for supermarket work - they try to keep the market going. Overall, some also juggle around with box prices, kilo prices and rinsed kilos from a box. On balance, it may not make any difference at the bottom line, but it may just be the push to get a grower over the line.

The DCA quotation for both b- and c-carrots this week amounts to €34 to €39 per 100 kilos. For mediocre lots that can still be turned into something, prices are lower than the bottom of the quotation, while for top quality (if the grower wants to sell them at all) €40 and more are paid. However, both do not do justice to the majority of the carrots that are traded.

Read here is the explanation from DCA Market Intelligence on the new quotations.