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Challenges in the Chicory Market: Supply Struggles and Price Surges

by Tatyana Ivanovich
June 24, 2024
in AGROTECHNOLOGY
0
Challenges in the Chicory Market: Supply Struggles and Price Surges

Frysk Witlof’s Experience Amidst Unprecedented Market Extremes

The chicory market is experiencing a year of extremes, marked by significant supply challenges and skyrocketing prices. Dennis Blankendaal of Frysk Witlof, based in Sexbierum, describes the situation as unprecedented. “What’s happening right now is really bizarre; I’ve never seen anything like it. Despite the high prices, it’s certainly not enjoyable. We can supply our regular customers, but only with great difficulty,” he states.

Currently, Frysk Witlof is facing an uphill battle to meet customer demand. “We have no choice but to calmly wait for the new season. Fortunately, we’ve been able to sow about 90%, but the outcome remains uncertain with these wet weather conditions. Hopefully, we can start setting up the roots around weeks 37/38. By the end of June, we’ll have a better idea of where things stand,” says Blankendaal.

The market conditions have led to extremely high prices, with recent spikes hitting 3 euros. This price volatility is compounded by difficulties in planting other vegetables like broccoli, causing supply gaps across the board. “The buyers are understanding; they see what’s happening with the entire vegetable supply. We try to fulfill the regular agreements as much as possible, showing that you can be a partner even in tough times,” Blankendaal notes.

In response to the supply issues, Frysk Witlof has increased their chicory sowing efforts, collaborating with many new farmers, including those from Germany. However, these new partners are still acclimating to the cultivation process. Given the current weather conditions, Blankendaal does not anticipate an abundant harvest this year. “We’re starting with new chicory roots much earlier than in previous years, which will require a lot of additional land. All in all, we’ll just about make it through the year, provided the root harvest is successful. I therefore expect that the fixed prices will only continue to rise towards the coming season,” he concludes.

Tags: chicory marketchicory sowingDennis BlankendaalFrysk Witlofhigh pricesnew farmerssupply challengesvegetable pricesvegetable supplyWeather Conditions
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