Archive Article: 1998/08/07

7 August 1998

Dust flies as Consort wheat was combined at Oliver Walstons Thriplow Farms, Cambs, last weekend. The crop was cut at 18% moisture – it was sold forward for delivery this week for £77/t, and yielded 7.5t/ha (3t/acre). That contrasts sharply with spot prices for August which dropped to £60-£62/t this week, on a par with barley. The £ has lost over 5 pfennigs against the Deutschmark in 10 days, but even that could not offset pressure caused by a big French crop and a weaker world market.