Chicory price remains drama

Published 2022년 5월 24일

Tridge summary

The article highlights the challenge of overproduction in the carrot market, with a large surplus leading to low prices and struggling growers in the Netherlands, Belgium, and France. The situation is worsened by the cessation of forced growth in French chicory tracts in May, although this has not yet impacted pricing. In response, the Belgian Auction BelOrta has limited the amount of short thick Flandrial carrots available, aiming to prevent a price crash and ensure quality control. Despite these efforts, the price of chicory in supermarkets has increased significantly this year compared to the previous year, with the highest prices observed in supermarkets like Coop. The article emphasizes the need for strategies to reduce overproduction and improve market stability, while also noting the uncertainty surrounding the future of prices and production levels.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The praise production per square meter is not exorbitantly high, according to sources, but many square meters are put into production. The reason is the large number of carrots in stock, not only with growers in the Netherlands, but also with Belgian and French colleagues. This means that pricing has been purely bad since the beginning of this year. Growing awareness Ensuring less praise enters the market by limiting production is the most obvious measure. “We now see that that awareness is growing rapidly”, commented from the trade. The question then is whether and how this is converted into concrete steps, and whether – and in what period of time – this has an effect on price formation. It is usual for some of the French chicory tractors to stop forcing from May. That will be no different this year, but for the time being without a price effect. Limit Day Trading The Belgian Auction BelOrta has decided not to wait for a possible declining supply from producers. She has decided ...

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