Currencies and grain trading

  • £1=DM2.981 / FFr10.00/ $1.658

  • French FOB spot wheat value: FFr 777.50 (£ 77.76)

  • Chicago September wheat at close: $2.43 (£ 53.78)


  • 225,000t of wheat at Ecu35.48/t
  • 7,000t of barley at Ecu53.75/t.

THE UK market traded lower once again as Sterling became the “safe haven” and rose sharply for the third consecutive day . Most consumers are 70+% covered for September. One shipper late yesterday switched origin on spot shipment wheat from UK to Denmark as the Danes now have cheaper supplies and are willing to sell.

Prices at Thursdays
wheat futures close:

MONTH Close Change
SEP 69.00 -1.00
NOV 70.50 -0.75
JAN 72.50 -0.50
MAR 74.25 -0.50
MAY 76.25 -0.50

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

    September Class 1 milling wheat83-84
    September Class 2 milling wheat73
    September Soissons75-78
    September feed wheat65-66
    September feed barley64-66

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

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