Things are going very badly in the carrot trade. Where normally exports pick up during this period, there is currently little to be seen of this (yet). The price remains under pressure.
In Spain, heavy flooding has caused some 800 hectares of open-field vegetables to be submerged. Lettuce, broccoli and artichokes in particular have been affected. According to the Spanish growers' organisation COAG, the damage in the Murcia region amounts to more than €10 million. For carrots, at least here, there is currently no noticeable effect on the trade.
In fact, where export demand usually increases around this time, it is not (yet) picking up. In Germany, some areas are still being harvested and then carrots from cold storage are still available until April, according to an insider. So that is not where the demand will come from. This week it is also reported that less demand is being made for Dutch carrots from Eastern Europe.
The price remains stable for now, but the market is clearly still under pressure. A sign on the wall is that it can be heard that ordered rinsed carrots are being picked up with delay. The quality is now called 'varying'.
The DCA Peen quotation dropped last week to €15,00 to €18,00 per 100 kilos for B-carrots. This week the quotation remains the same, with the remark that there is little trade.
Read here is the explanation from DCA Market Intelligence on the new quotations.