The carrot price has been under pressure for weeks and the DCA Peen quotation dropped a step last week. Now the extra demand for Easter is coming and the quotation remains stable. There are sounds that the bottom has been reached, but not everyone is convinced of that.
As can be assumed by now, there is a lot of Dutch supply this year, while there was no import demand from Germany and Belgium in recent months. Recently, the Belgians have started to inquire and also to load a little, according to an insider. "They pay the top of the market, so price-wise that offers more room."
The price is not what the grower has been used to in the past two years. If there is something wrong with the carrot, it is difficult to find a buyer. Feed is then the only option and you can be happy if they come and collect the carrot for free.
Easter is coming (Sunday 20 April) and that always gives a boost. The question is what carrots will do after that. Will demand continue or will it drop again. Whether the bottom has been reached and whether price steps will be taken up again in the near future, no one dares to make any statements about that yet. "Let's hope so", they say.
The DCA carrot quotation remains stable this week at €12 to €15 per 100 kilos for B carrots and €18,00 to €20,00 for C carrots.
Read here is the explanation from DCA Market Intelligence on the new quotations.