Kartoffeln News, 02/16/2024

Trading on the EEX remains manageable. The prices for the April 24 contract tended to be somewhat firmer at 37.90 euros/dt compared to the previous week, with very few sales. Nevertheless, some contracts were traded last Tuesday at a price of 38.00 euros/dt. In the current week, the trading volume so far is 15 contracts, spread over two trading days. Prices for processing potatoes are stable in Belgium . Free quantities and excess quantities from contract cultivation are currently present on the market in a manageable manner. Good qualities in particular are held back in storage. Lots that are offered can be marketed quickly because, in addition to the Belgian chip factories, exporters are also willing to accept them. The potato associations estimate that stocks have already shrunk considerably. The amount stored is currently estimated at 2.56 million tons, which is roughly the average for the last five years at this point in time. The losses from the harvest are currently given as 7 percent. In Flanders in particular, there are still potatoes in the ground. Prices for processed goods continue to rise in Germany. Reka increased the listing for Innovator again to 36 euros/dt, Fontane achieved 33 euros/dt. Surcharges are paid at the food market . Potato packers are trying to mobilize additional batches. These also point to the imminent delivery of new potatoes and the high stocks in France. However, so far only a few games from France have found their way to Germany. French dealers are increasingly selling to Spain this year. Further surcharges are expected. Because of the carnival festival, the market was a little quieter than usual this week, especially in the south and west.