Early crop prices have remained strong this week. Maincrop demand is slow and prices remain under pressure. Weekly 155.23 down 1.31 on week. However with early crops being later than usual old maincrop is enjoying an extended season. Having finished planting growers are keen to clear stores as in many cases material is showing signs of seasonal quality deterioration.
Early Markets are buoyant.
Late planting and short supplies are producing good returns in most countries. In Germany crop prices are at their highest for over 20 years and in Spain and France trade is steady. Trace ability is now going back to the grower. Lifting of Bakers has started and demand for these along with small grades is strong. Early lifting has finished in Majorca, Valencia.