Netherlands: DCA-Markets adjusts spot price for chips potatoes

Chips

Netherlands

Published Sep 9, 2021

Original content

For the calculation method for the 2021/22 marketing year, the data has been adjusted to current developments, DCA-Markets indicates. For example, the weight that each country contributes to the listing has been adjusted on the basis of the acreage figures of the past 5 years. Furthermore, the 35+ odds are converted to 40+ by applying an increase of €0.20. This was €0.25 last season. The DCA Spot Price for French fries is determined every Friday during the season. It shows the price of standard chip-suitable potatoes, 40mm up from the areas mentioned above, which are delivered within a week. The current spot price calculated in this way is €13.38 per 100 kilos. Based on this so-called spot price, the prices that apply to later collection can be calculated: the so-called forward prices. Publishing forward prices The costs of storage are added to the spot price. A storage fee of € 0.17 per week is calculated. From week 18 that is €0.27. The forward prices are recalculated every ...

Source: Boerenbusiness.nl

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