Currencies and grain prices
02 April 1998
Currencies and grain prices
Wednesday, 1 April, 1998
Futures:
UK old-crop found support from shorts and there were also some spot enquiries for lower-grade wheats FOB. However, with currency still firm, buyers are reluctant to pay up. New-crop was also supported on futures, but still remains a very thin market and could easily be pushed in either direction.
Prices at Wednesdays
wheat futures close:
MONTH
Close
Change
MAY
72.75
+ 0.50
JULY
74.75
+ 0.50
SEP
75.10
+ 0.10
NOV
77.10
+ 0.10
JAN
79.10
+ 0.10
MAR
81.10
+ 0.10
Approximate commodity
values, £/ tonne, ex-farm:
April Class 1 milling 100/102
April feed wheat 66/68
April feed barley 68/70
Harvest feed wheat 67/69