Closing grain prices and currencies

Friday, 11 June, 1999

  • Euro1=£0.653
  • Intervention Price: £82.50

  • £1=DM2.995 / FFr10.05 / US$1.610 / Euro1.5313

  • FOB Rouen May wheat value: FFr785 (£78.10)

  • Chicago July wheat at close: $2.59 (£59.03)

  • The UK market finished on a firmer tone yesterday as July futures options

    expired and consumers look to take the remainder of this seasons cover.

    EU sold 91,328 tonnes French Intervention wheat at min Euro83.97 and approx

    160,000 tonnes EU Intervention barley at a min Euro68.60. EU also 115,000 tonnes of French and 45,000 tonnes of Danish Intervention wheat for export to Russia as food.

Wheat futures – closing prices:

MONTH Close Change
JUL 81.25 +1.00
SEP 74.00 +0.40
NOV 75.85 +0.25
JAN 77.75 +0.25
MAR 79.60 +0.15
MAY 81.25 +0.05

    Approximate commodity
    values, £/tonne, ex-farm:

    June Class 1 milling wheat83-85
    June Class 2 milling wheat80-83
    June SoissonsNot needed
    June feed wheat75-77
    June feed barley74-75
    June OSR113
    Harvest OSR107
    Harvest feed wheat66-68
    November feed wheat72-73

  • Information provided by BDR Agriculture Ltd, Harvest House, 64 North Street, Bourne, Lincolnshire PE10 9AJ – click here for further details

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