Market Report: Autumn 2016

Welcome to our collection of items of news and interest from the last quarter and review of the previous year.

RPI Summary

The annual movement for overall RPI has crept up slightly during the last quarter (1.6% in June to 2.0% in September) which reflects, apart from the odd blip, a slow but steady rise since October 2015.   Despite a significant downward spike of 6% between April and May (-5.5% to -11.5%) pork has returned to a gentle upward incline settling at -4.3% in September but still lower than June.  Elsewhere, beef was the only other reported commodity that showed a downward turn for the quarter (-5.2% down from -2.6%) with all others, despite some fluctuations, posting increases.  Looking forward, varying degrees of doom are being forecast by pundits across the board.  What we can say though, with reasonable certainty, is that there are tough times ahead!

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Market Report: June 2016

Welcome to our collection of items of news and interest from the last quarter and review of the previous year.

RPI SUMMARY

Overall, annual RPI has risen again by 0.4% for the second consecutive quarter to 1.6% (this versus 0.9% for March 2015). Excepting beef (down 2.1% to -2.4%), all other tracked commodities have risen – in stark contrast to the last quarter when all fell. The biggest climber was pork (up 3.2%) with, in descending order, fish, cereals and diary posting increases of 2.5%, 1.5% and 1% respectively. That said, all are still sitting below the 0% mark. Looking at both the last quarter and the last 12 months no clear patterns are emerging but we’ll be sure to see an impact following the EU vote – one way or another – next time round.

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Market Report: Spring 2016

Welcome to our collection of items of news and interest from the last quarter and review of the previous year.

RPI SUMMARY

During the last quarter, the annual RPI for all commodities fell but, bucking the trend, overall RPI increased slightly by 0.4% to 1.2%. The biggest fallers were pork and fish (down 5.1% and 3.6% respectively) with dairy down 1.5%, beef down 0.7% and cereals hardly moving at all, down 0.2%.

Looking at the year as a whole, the graph reflects the instability of all the commodity markets tracked versus the relative stability of overall RPI. Versus this time last year, whilst still volatile, the range of movement is less than that of 2014 and predominantly negative – that is to say, both peaks and troughs mainly falling below the zero mark. Beef is the only commodity to show an increase between December 2014 and December 2015 – only 0.2% – with all others falling between 2.3% (cereals) and 5.7% (dairy). Overall RPI fell by 0.4%.

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Market Report: Autumn 2015

Welcome to our collection of items of news and interest from the last quarter.

RPI Summary

Overall RPI has continued its very slow decline falling just 0.2% to 0.8% in the last quarter – this versus 2.3% this time last year. Apart from dairy, all the other commodities dipped in the last quarter with some recovering more than others: beef and cereals ending higher (0.9% and 0.6% respectively), pork falling 0.2% with fish returning to its June 2015 figure. Dairy reflected its turbulent sector conditions both rising and falling during the quarter but ending down almost 1%.

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Market Report: Summer 2015

Welcome to our collection of items of news and interest from the last quarter.

RPI Summary

Overall RPI has moved minimally during the last quarter – just 0.1% up to 1% since March.  Beef and cereals have also moved less than 1% (beef +0.4% and cereals -0.2%) for the same period.  The bigger movers were pork – down 2.8% – and fish, the only big increase with 4.2% uplift.  With the economy hovering around deflation, interest rate rises are forecast to be just around the corner but we’ll have to wait to see the impact of these increases as and when they happen.

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