Market Report: May 2018

FX Monthly movement

  • US$/£ 1.36 from 1.39
  • US$/ € 1.20 from 1.23
  • £/€ 1.14 from 1.12

US dollar strength and continued uncertainty over Brexit dominate the FX markets currently. US/China trade sanctions are being watched carefully as the two countries try to resolve this issue. In the UK the possibility of interest rate increases has receded, and this has contributed to Sterling’s slide. The Euro has lost momentum after a slowdown in growth figures, although declared as temporary by Draghi. The question therefore remains as to when the EU economy will ‘normalize’ and this time frame seems to be moving ever backwards. The resignation of the Home Secretary this week, should not in itself impact on Sterling, but the changing balance of supporters/remainers for Brexit might!

General news

We are entering the quiet market report period, when crops are either sown or being sown in Northern Hemisphere regions, and we are at the tail end of supply of 2017 harvest. We would expect news to increase towards end June as we get a feel for how the harvests are developing and some planting figures become available. With prices generally low, there is reluctance for suppliers to sell to heavily into the new crop positions since it is hard to see prices decline further, and expectations are for a rise since area will decline and switch to better paying crops.

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
  • Kalongi
  • Chia
  • 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
  • Linseed
  • Sesame seed
  • Hulled millet
  • Poppy seed

Download the full report (PDF)

1805-Unicorn Market Report-May 2018 (63 KiB, 173 downloads)

Archive reports can be found and downloaded from our Downloads page