The carrot trade was struggling for a long time. Little demand and ample supply. That has completely changed in recent weeks. Rinsers were scrambling to get their hands on the last good boxes.
The good carrots in the Netherlands are almost gone. The transition between old Dutch and high-quality imported carrots requires more searching. That is also the case this season. Some flushers have enthusiastically turned up there in recent weeks, partly due to slightly better demand and drying up supply. The risk is that the grower price rises too quickly compared to the bale price. That seems to be the case now.
Stretching
At around €300 per box or slightly more, flushers still felt comfortable with that at the beginning of this week. However, some growers ask €400 and that, according to insiders, is a bridge too far. That single grower seems to have overplayed his hand. Spain and the south of France are also active on the European market and are quite competitive compared to Dutch prices. Several flushers, especially companies with many regular customers, still have quite a bit of their own stock and want to use it to fill up the rest of the season. There may not be much carrot for sale anymore, but interest in buying is also declining rapidly.
The DCA carrot listing takes another step up this week. B-carrot comes in at €50 to €58 per 100 kilos and c-carrot at €48 to €52 per 100 kilos. This is the last DCA quotation for this season.
Read here is the explanation from DCA Market Intelligence on the new quotations.