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News Onion market

The onion market is in full swing

22 July 2022

There has been a lot of demand on the onion market since last week. Initially, onion sets were mainly used for walking, but this week the interest in sowing onions from land has also increased.

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Exporters are increasingly anticipating that African markets will open early this year. This has increased the demand for onions. Initially, this question mainly focuses on onion onions that can be processed in the short term. Compared to last week, the sowing onions were also more actively harvested this week. However, people are a lot more careful here, because it will take some time before these are processed and can therefore be exported. Bale prices are normally still looking for a stable level during this period, which still makes the market uncertain for processors and exporters.

Dry and hot weather
The dry and hot weather of recent weeks has created a mood in addition to increased demand. Due to the weather, farmers are stuck on onions. This is reflected in the onion onion quotation in Goes. This quotation stood at €16 to €18 last week and increased this week by €2,50, bringing the onion onion quotation this week to €17,50 to €21,50.

Due to the warm weather, few onions were harvested this week. As a result, growth among processors has been low. Because there was little product available this week, bale prices have remained stable. An overview of the bale prices can be found in the DCA quotation on bale prices for onions.

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