Archive | News

Market Report: November 2018

Who knows! Trade sanctions/war (China-USA), midterm elections, Non-acceptance of EU country (Italy v Brussels) budgets, no Brexit agreement, possible leadership challenges, declining stock markets, downgrading of EU credit ratings to one level above a junk bond! Plus, the threat of UK/EU recession. All lead to global uncertainty and volatility. For sure the US dollar is fairing the best, but this softens some increases at export for some commodities and firms’ prices on import for others. Of course, if Brexit gets sorted, the sun comes out and Sterling could very well rebound dramatically against both Euro and US dollar …

Continue Reading

Market Report: October 2018

Currently, US trade negotiations, whether it is the imposition of tariffs on seeds from China or a re-writing of the Mexican-USA-Canadian trade agreement, impact on global currency markets. If this was not enough, the continued impasse in Brexit negotiations, and political and financial instability in Italy, keep the markets uncertain of direction …

Continue Reading

Market Report: September 2018

The pound is in deep shadow due to the lack of progress on Brexit, and the increasing likelihood of a hard Brexit. Meanwhile the US dollar appreciates due to a further potential escalation in the trade wars with China, and the suggestion that the USA may withdraw from the WTO and Canada does not need to be in the NAFTA. With a potential leadership challenge possible, and certainly strong criticism due at the Conservative party conference at the end of this month, there is potential for Sterling to weaken further…

Continue Reading
Poppy field

Focus on: Poppy

The poppy seed is an oilseed obtained from the pods of the poppy plant (Papaver somniferum). The pods contain a large amount of white, grey or bluish seeds. Poppy seeds have been cultivated for over 3,000 years and grow best at cool temperatures between 10 to 15 degrees centigrade. Today, poppy seeds are produced mainly in Central European and Asian countries …

Continue Reading
Spices at a market

Indian win-win

It is full steam ahead for Unicorn Ingredients’ satellite office in central Gujarat, India, which is planning to start importing seeds to India as well as exporting from the sub-continent.

Continue Reading

Unicorn Brings the Right Ingredients to IBA 2018

Unicorn Ingredients will be returning this year to Europe’s biggest bakery trade show, IBA, taking place in Munich from 15 to 20 September 2018. UK-based Unicorn will be displaying a broad range of seeds and grains, including sesame and pumpkin seeds as well as poppy seeds at the international trade show. Also at show will be pre-mixes for bread and biscuits and specialist ingredients for eco and organic bakery products …

Continue Reading
Australian road with kangaroo warning sign

Focus on: Australia

Australia is an important country to Unicorn due to its large scale production of its native seed, Poppy. It is also an area of opportunity with the prospect of developing specialist honey, amongst other products, and we are exploring different avenues as to how we can make this work in the long term …

Continue Reading

Market Report: August 2018

In the UK, Parliament is on holiday, Brexit uncertainties and lack of direction grow, and to some extent this is reflected in EU members if not in Brussels. A hard Brexit will be bad for business in EU too. The pound has nowhere to go whilst these uncertainties remain. The Euro is guided to some extent by an expected fall in GDP, and the Brexit shadow …

Continue Reading

Market Report: July 2018

The increase in global risk, and looming trade wars appears to be good for the US Dollar which has strengthen against both the Euro and Sterling in recent days. Major depreciation of the Yuan (China) where concerns over US protectionism are still current. However, the impactor of this is to at least off set some market increases locally when prices are converted to dollars …

Continue Reading
Two trucks passing on a country road

Supply Demands

Unicorn Ingredients manages the complicated logistical demands of its business by keeping focused on three key supply chain priorities. As a business that operates in 34 countries globally and sources a complex range of seasonal products, Unicorn Ingredients must maintain a highly-sophisticated supply chain. And it is a supply chain that must be robust enough to be tested by harvest failures and natural disasters such as the recent devastating volcano in Guatemala.

Continue Reading