09.
05.14
Threesome fries sales

Kartoffeln Cockpit, 09.05.2014

Bullish
  • Large French fries sales in Europe and worldwide
  • Dutch processing records and only small raw material supplies
  • Early potato supplies are diverted to Eastern Europe
  • EU 28-harvest 2013 only 54,583 Mt - little more than in the previous year
Bearish
  • Result of Polish potato crop to 1.1 million tonnes corrected upwards
  • Expected early crop of new frit raw materials
  • Hardly a market for Bintje from Belgium present
  • Dining early potato harvest from all German wine regions at the same time possible
  • Successful sourcing strategy of the processors: contract inventory remains very high

Exports of TK Frits on course for record
(AMI) In the Benelux area, the core area of the TK frit production, is the sale of Golden chopsticks 2013/14 moving into a new record. At least signal that the export data from Eurostat. The bulk of production in Belgium and the Netherlands is intended for export. Doing business with third countries binds an ever larger share. Belgian and Dutch companies in the marketing year 2007/08 to the end of February provided less than 200,000 tonnes to customers outside of the EU, there were already good 500,000 tonnes, a new record in this season. Sales within the EU, the sales stagnated in previous years. The markets are well saturated. This season, however, there could be a new record. So far, the data exists only until end of January 2014. It is shown that Belgian exporters have sold more during this time with 677.000 t as in the previous year of a month later (676.000 t). Also the Dutch were successful. Up to the last year's quantum by end of February (645.000 t) missing only 70,000 t, a month quantum, which very rarely was lower than in previous years.

Threesome fries sales
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ZMP Live Expert Opinion

Frit raw materials prices fall further. Marketers speak long free fall. Many observers are surprised by the still large stocks. But where do you come from? The processing running top, the paragraph is great. The harvest data in the Benelux area work as needed. Surveys on supplies of raw materials indicate the opposite the current reality. Somewhere it obviously lacks the necessary transparency. This has not only negatively impact for producers, which themselves have verspekuliert, also the manufacturer of French fries before bought "too expensive". Some statement to the market, the sources seem to report but also consciously unilaterally. It may be full product warehouses and excess contract goods in some cases, so much as previously but apparently already has been sold, the situation will look altogether different. Unfortunately it's always thereafter smarter. To avoid expensive mistakes fewer contracts without fixed prices and more hedging in the futures market might usefully be probably.

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