Twas The Night Before Christmas
Merry Christmas to you all. We made it....
Apples had a shorter run into Christmas than expected but otherwise things look fairly normal. Sugar Beet has been going okish but the wet ground is making operations a bit trickier.
The Euro swing after the Election has eased price pressures from European supplier somewhat. Construction is looking an unhappy zone into the New Year but we will see what the housebuilding sector makes of the Conservative win in January and hope that things pick up a bit.
The manufacturers are looking weak throughout Europe and the UK. Europe is down 30% or more on trailer numbers which will surely hurt. In the UK numbers are down about 50% going into January and February but maybe some optimism will return with the dead lock in Parliament removed.
So reasons for optimism into 2020.
God Bless You All and thank you for your business.
Best wishes,
The Team at Newton
Posted by Andrew on 24/12/2019