Currencies and grain trading
- £1=DM2.92 / FFr9.78/ $1.667
- French FOB spot wheat value: FFr 775.00 (£ 79.24)
- Chicago September wheat at close: $2.36 (£ 52.00)
THE UK futures market traded slightly better yesterday as Sterling fell in value. Fundamentals still indicate that prices remain under pressure, however.
Prices at Tuesdays
wheat futures close:
MONTH
Close
Change
SEP
70.00
+ 0.50
NOV
71.50
+ 0.50
JAN
73.50
+ 0.50
MAR
75.25
+ 0.50
MAY
77.25
+ 0.50
Approximate commodity
values, £/tonne, ex-farm:
Commodity Price
September Class 1 milling wheat 83-84
September Class 2 milling wheat 73
September Soissons 75-78
September feed wheat 65-66
September feed barley 64-66
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