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Currencies and grain trading

- 03 September 1998
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  • £1=DM2.916 / FFr9.776/ $1.671

  • French FOB spot wheat value: FFr 775.00 (£ 79.53)

  • Chicago September wheat at close: $2.40 (£ 52.71)


UK futures firmed slightly yesterday as Sterling weakened once again. When grain is released from the farm the fundamentals of a large world supply could force prices lower once again.







Prices at Wednesdays
wheat futures close:


MONTH Close Change
SEP 70.40 + 0.40
NOV 72.10 + 0.60
JAN 73.90 + 0.40
MAR 75.65 + 0.40
MAY 77.65 + 0.40

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








    CommodityPrice
    September Class 1 milling wheat83-84
    September Class 2 milling wheat74
    September Soissons77-78
    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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