Market Report: May 2017

FX Monthly movement

  • US$/£ 1.27 up from 1.23
  • US$/€ 1.07 up from 1.06
  • £/€ 1.17 unchanged

Well, who knows! French elections, UK elections, Brexit discussions gathering pace, USA/N. Korea tensions, political changes in Turkey. Oil prices declining again. A brave man can predict through these global issues.

Generally, one would anticipate Sterling strengthening as we approach some clarity in our Government and Brexit negotiations. The poor US growth over the beginning of 2017, has contributed to the dollar’s decline. It will depend if this continues or reverses as to the general performance of the dollar against the Euro and Sterling. But these trends are hugely overshadowed by global activity at present.

General news

For a variety of reasons which are detailed in the report, we anticipate a firmer and firmer tendency in seed prices for 2017/18. Plantings are lower due to depressed pricing and poor returns.

In this report:

  • Pumpkinseed kernels
  • Sunflower seed kernels
  • Linseed
  • Sesame seed
  • Hulled millet
  • Poppy seed

Download the full report (PDF)

1705-Unicorn Market Report-May 2017 (58 KiB, 317 downloads)

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