Comment: As we approach April, we are at a critical time for the industry in relation to the upcoming season. There are reports that some growers are planning to plant increased acreage this year.

If this is the case, the supply and demand plateau will be disrupted. Last year there was a small increase in the planted acreage but this was negated by an up to 20% reduction in yield.

Growers are reminded to grow crops for their market in order to avoid an oversupply which will ultimately put increased pressure on the farmgate price.

Markets are in a precarious situation at present and it is likely that it will be another unprecedented year in relation to demand.

In Europe the April and June futures positions have taken a hit this week due to the threat of further lockdown in mainland Europe and lack of demand for export (mainly for processing within Europe).

In the fresh sector, washing quality stocks are holding despite downward pressure and secondary quality lines are being offered for cattle feed.