The mood among onion growers with high-quality onions is very good, and high prices are expected to be achieved in the short term. However, packers and traders are still failing at the moment.
Amazing figures about onion exports were released this week. According to the provisional figures, almost 45 tons of onions were exported in week 46.000, which is an absolute improvement on the previous export record (40.730 tons). As in previously published export weeks, demand mainly comes from Africa and Asia.
Mood among growers
The positive sounds from exports create a lot of mood among onion growers. But despite this positive mood, farm prices are not continuing. For the third time in a row, all 3 regional trade fair committees are trading unchanged. When all odds are compared, €18 to €20 is paid. In addition, the stock exchange committees in Middenmeer and Emmeloord describe the market as quiet, which means that the supply is greater or equal to the demand.
Celebrate Christmas
In 4 weeks, many onion processors will temporarily close their doors to celebrate Christmas at home. Until then, all packers have sufficient stock so they do not have to purchase additional onions in the short term. After the New Year, demand from Africa generally decreases, packers are now putting on the brakes when it comes to purchasing because they want to wait for developments in exports.
There are no changes in the bale prices this week. An overview of the bale prices can be found in the DCA listing Bale price Onions.