Currencies and grain trading
- £1=DM2.963 / FFr9.933 / $1.639
- French FOB spot wheat value: FFr 767.50 (£ 77.26)
- Chicago September wheat at close: $2.45 (£ 54.85)
THE market reacted to the rise in Sterling by falling 50p in value. Most consumers are almost covered for September and are more relaxed when it comes to the October-onwards positions.
Prices at Wednesdays
wheat futures close:
MONTH
Close
Change
SEP
71.00
-0.25
NOV
72.25
-0.25
JAN
73.00
-0.25
MAR
74.75
-0.25
MAY
76.75
-0.25
Approximate commodity
values, £/tonne, ex-farm:
Commodity Price
Harvest Class 1 milling wheat 83
Harvest Class 2 milling wheat 73
Harvest Soissons 76
Harvest feed wheat 65-67
Harvest feed barley 63-64
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