Closing grain prices and currencies

Friday, 11 June, 1999

• 1=£0.653
• Intervention Price: £82.50

• £1=DM2.995 / FFr10.05 / US$1.610 / 1.5313
  

• 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 83.97 and approx

  160,000 tonnes EU Intervention barley at a min 68.60. EU also 115,000 tonnes of French and 45,000 tonnes of Danish Intervention wheat for export to Russia as food.