In this episode we talk about the continued volatility with currency coupled with uncertainty, described as a ‘storm’ by the Times, in the global financial market.

Why is the global financial markets beginning to mistrust banks more? How are negative interest rates coming into the equation? And what is the place of Brexit debate and the ECB in all of this?

The post Freeworld News 07/03/15 appeared first on Freeworld Trading.

In this episode of Freeworld News we discuss the latest in :-

1. Brexit
2. Currency
3. Demand in the market

The post Freeworld News 29/02/16 appeared first on Freeworld Trading.

Taking a pounding?

– Pound has suffered largest drop for over a year in light of referendum calling

– Government remains divided on whether leaving the EU is a good idea. Mayor of London, Boris Johnson, stared that the UK will have a ‘better future’ without the EU, whilst top conservative MPs such as defence secretary Michael Fallon, think staying in the EU would be better for ‘security’.

– The pound fell 1.65% to $1.4167, the biggest one-day drop since 2 January, 2015.

– David Cameron announced on that the EU referendum would be held on 23 June after he came back from Brussels with a renegotiation of Britain’s EU membership.

– It is said that the pound will continue to weaken

The post Taking a pounding? Freeworld News 22/02/16 appeared first on Freeworld Trading.

– Global risk continues
– We saw a week of ‘immense volatility’ in the stock markets
– The biggest ‘engine’ of uncertainty is Brexit
– The ‘Not in My Backyard’ mentality clashes with uncontrolled migration from Syria

The post Freeworld News 15/02 appeared first on Freeworld Trading.

January Almond Position Report

15/02

– The objective was an underestimate
– Shipping overall is down
– Commitments are 14% down – a reflection of price downfall in the falling markets
– Lack of confidence in the market has led to lack of booking hand to mouth in advance
– A large carry-over on the cards
– The nature of buying has changed as the secondary market has shrunk

The post Almond January Position Report appeared first on Freeworld Trading.

This crop is 400.000 Tons shorter than last year! So, if like last year the situation is repeated, it may be much harder in the face a smaller crop.

Production/Hulling capacities haven’t increased in general within Bulgaria.

Alternative origins, such as Ukraine, are principally dedicated to crushing/inshell, as opposed to hulling. Plus, Ukraine has recently And the big crops of sunflowers in Ukraine and Russia will only find their way into the oil industry, no single kilogram is for hulling. Beside that, Ukraine has built up a new tax for exporting sunflowers, so their volume will stay in their country for crushing.

Follow Alex Poole on twitter

The post Sunflower Seed Update appeared first on Freeworld Trading.

Adam talks about the latest in hazelnuts and flame raisins :-

There are similarities with both the Turkish hazel market and the Chilean raisins. Farmers kept supply of hazels low due to keep pricing up for the first 5 months of the crop, but now find themselves still sitting on over 50% of the crop. Pricing will be weak unless we see any adverse weather. Good time to cover.

Flames are difficult at the moment. The northern crop is down and farmers are expecting more pesos for their fruit. Demand in Europe remains weak so pricing for the 2016 crop remains uncertain

The post Hazelnuts and Flame Raisins Update 08/02/16 appeared first on Freeworld Trading.

In this episode we discuss :-

1. Continued weakening of the Euro
2. Deflation in the economy
3. Weakening economic mindset
4. Increased instability in the EEC
5. Increased debate surrounding the pro’s and con’s of migration

On a more positive note, Happy Chinese New Year!

The post Freeworld News 08/02/16 appeared first on Freeworld Trading.

– High prices are reflection of tight supplies
– The first and new crop is not in yet, and will come in after the holiday. We have a clear indication of what the prices will be like after the holiday
– Last few years has seen flat prices but with a 15c increase each year. Generally quite a flat market.
– Some of the smaller packers are struggling with finances with tight payment terms so they need to make rash sales sometimes
– Will improved food safety requirements change the momentum of this industry, and how?
– Will a 2-market syndrome emerge?
– If you need cashews delivered Feb/March you are not going to get anything shipped next month because of the holiday season, so keep an eye on your stock.

The post Cashew Update 02/02/15 appeared first on Freeworld Trading.

Here’s the latest :-

– We are seeing even more volatility with the currency
– Oil has recovered significantly
– Brexit – British in/out referendum EC – what are the implications of this?
– The EC has been weakened by the response to immigration
– Immigration now represents the biggest factor as to why people vote to leave
– Rise of right-wing anti-immigration parties in Europe, as well as a push for tighter border security
– Anything which doesn’t embrace internationalism is anti-business

The post Freeworld News 02/02/15 appeared first on Freeworld Trading.