In this phase of the market, more attention is paid to the average size of a batch. On the farm it is precisely the coarse parties in which there is interest.
No export figures were published this week. This is due to a malfunction at the KCB. Exports are expected to be around the figure of week 9. The export figure then amounted to more than 16.000 tons. Demand comes mainly from well-known destinations in Africa and Great Britain. Demand for the coarse grading comes from Southern Europe.
Fit and measure
Packers are all about trying and measuring. The coarse grades - and especially the super grades (70 millimeters upwards) - flow a lot easier than the medium grades. Because the average coarseness is currently on the low side, the medium grades are accumulating at the processors. This puts pressure on size selections. When processors buy additional onions, they suffer from the coarse percentage.
Compared to previous weeks, slightly more onions were purchased from the farmer. Nevertheless, the stock exchange committees in Middenmeer and Emmeloord describe the market as calm. This means that supply is greater than or equal to demand. Last week, the stock exchange committee in Emmeloord described the market as price-sensitive.
While the stock exchange listing in Goes gave half a cent more this week in the 60% upward sorting, the stock exchange committee in Middenmeer took off half a cent. In Emmeloord the odds remained the same. All in all, the onion market remains at a comparable level to a week ago.
In terms of bale prices, the medium grades are supposedly under pressure and the coarsest grades are increasing. An overview of the bale prices can be found in the DCA listing Bale price Onions.