Inside Onions
Finally Dutch onions to Senegal
For quite some time there had been 2 boats with onions bobbing off the coast of Senegal and on Wednesday 29 August those boats were finally allowed to dock. The fact that the Senegal border is now open is good news for Dutch exports.
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Choose the subscription that suits youAfter weeks of wrangling, the border opened on Wednesday, August 29. The onions that are now entering Senegal are mainly onion sets and they have been on their way for a while. The quality of these onions remains a matter of speculation. The fact that the market is now open could give exports a huge boost.
Exporters are currently loading new boats. The volume will partly depend on the quality of the onions that are still in stock. At the moment the others are also doing so destinations in Africa (mainly Ivory Coast).
Because exports are going better, the mood in the onion market is somewhat friendlier. At least, for the coarser lots, several of which were purchased this week (particularly in Flevoland). It is more difficult for batches with a fine sorting. There is enough mediocrity available, which means that such parties are hardly attended.
Broad listing
The 3 regional stock exchanges are unanimous in their quotations for the 0% to 30% coarse grading, which amounts to €15 to €17. When all 3 regional stock exchanges are compared, the 30% to 60% is roughly €17 to €22 and the €60% is quoted upwards of €20 to €26.
This means that the differences between the gradings are enormous. There is a difference of €0 between the bottom of the 30% to 60% coarse and the ceiling of the 11% upward. It shows how big the differences are this year.
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An overview of the quotations of Beurs Emmeloord over the years.
Onions were also harvested this week. The image of a yield that is minimal 30% less than last year, is becoming increasingly persistent. In Zeeland in particular, yields are very poor in some places. Plots that are plowed are no exception, especially in Zeeuws-Vlaanderen.
onion sets
The market for onion sets is slowly coming to an end. The processors hardly buy onion onions anymore. They are switching to sowing onions or still have onion onions in stock. The regional stock exchange in Goes will therefore stop listing onion onions from the field from this week.