FX Monthly movement
- US$/£ 1.31 unchanged
- US$/ € 1.16 unchanged
- £/€ 1.13 unchanged
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. The US Dollar seems to benefit from the imposition of trade tariffs and a likely increase in the Fed rate this week of 0.25%, GDP might only be 4.2%, unemployment at record lows, but this is driven by increased public borrowing and thus building a problem for the future. But for now, the dollar looks strong.
Weather dominates Northern hemisphere crops this month. Almost everywhere is suffering unusual weather patterns, and harvests are taking the impact of this. We will know the full effects soon. In the UK it has been almost the worst possible. A late wet Spring delayed sowing, a baking hot summer and drought delayed/stunted development, and a wetter harvest period causes complications. Similar patterns have been experienced elsewhere. Is this the norm as global warming takes a hold?
To remind all readers we have readily available in stock an increasing range of ancient grains and speciality seeds such as:
- Quinoa (red, black, and white) Amaranth
- Hulled buckwheat
- Comprehensive range of Organic variants
Finally, we have ideas and suggestions of a variety of alternative seeds for those looking for a little creativity!
In this report:
- Pumpkinseed kernels
- Sunflower seed kernels
- Sesame seed
- Hulled millet
- Poppy seed
Download the full report (PDF)
Archive reports can be found and downloaded from our Downloads page