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Currencies and grain trading

- 14 September 1998
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  • £1=DM2.851 / FFr9.514 / $1.692

  • FOB Rouen spot wheat value: FFr 750.00 (£ 78.46)

  • Chicago September wheat at close: $2.43 (£ 53.27)


LAST week ended quietly, with Sterling finishing at the lower end of its recent range. There is still demand in nearby positions, with shippers needing to top up September sales. The USDA published monthly figures on Friday increasing US crop figures by just over a million tonnes.







    Prices at Fridays
    wheat futures close:


    MONTH Close Change
    SEP 73.20 + 0.10
    NOV 74.25 + 0.10
    JAN 76.25 + 0.10
    MAR 77.75 + 0.10
    MAY 79.35 + 0.10

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








      CommodityPrice
      September Class 1 milling wheat88
      September Class 2 milling wheat78
      September Soissons81
      September feed wheat66-70
      September feed barley66-68




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

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