Retail demand and home consumption remain buoyant. It is certainly one of the most difficult harvest seasons on record, with recent heavy rain and flooding wreaking havoc for the sector. It is estimated that over 60% of crops remain in the ground. Losses are already reported as drills are flooded. Further losses are inevitable as more wet weather is forecast.
The situation is similar in the U.K where wet weather is halting any harvesting. Buyers report a steady demand in the markets for quality samples. Delivered in prices are holding with more confidence.
Movement to the Canaries continues at recent pricing but there have already been rejections where inspectors consider soil content to be above tolerance levels.
For more information: ifa.ie